AARP Pushes for Program to Boost Savings Options

A new survey shows support from small business owners for a proposed public-private retirement savings program. Nearly 70 percent of surveyed owners who don’t now offer a retirement plan said they were very or somewhat likely to offer the program to their workers.

AARP Arkansas is advocating for the program — to be called Arkansas Save — in this year’s legislative session. The accounts, funded through payroll deductions, would be portable and voluntary.

The survey of 504 small business owners or decision-makers was conducted in October 2024. More at states.aarp.org/arkansas/arkansas-save.