For New 401KS, Small Is Beautiful
Small companies are embracing retirement plans like never before, opening up the last frontier for 401(k) providers along the way. Last year, a new Internal Revenue Service report shows, the number of workers with 401(k) plans leaped by a record 5.9 million people--a nearly tenfold increase over the previous year's growth. Industry experts believe small business accounted for most of the surge.
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