The Show-Me MyRetirement Savings Plan—slated to begin by September—is aimed at businesses with 50 or fewer employees. If a company signs up, its workers will be automatically enrolled into a 401(k) that is tied to payroll deduction, unless they opt out.
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.
Join us for a free virtual seminar in your area to explore Social Security eligibility requirements, how age, employment and marital status factor in, and helpful tools like the AARP Social Security Resource Center.