*Off-Site* Choosing a Retirement Solution for Your Small Business

SCORE found that 34% of small business owners don’t have a retirement savings plan. This means that not only do they not have a retirement savings plan, but also neither do their employees. Data from SCORE also highlights the struggles that small business owners face when it comes to retirement planning and saving, noting that 40% of business owners are not confident that they will be able to retire before the age of 65. This session is presented in partnership with the Employee Benefits Security Administration and The Toolbox: Small Business Resource Center. The mission of the Employee Benefits Security Administration is to ensure the security of the retirement, health, and other workplace-related benefits of America’s workers and their families. It accomplishes this mission by developing effective regulations; assisting and educating workers, plan sponsors, fiduciaries and service providers; and vigorously enforcing the law. The Employee Benefits Security Administration is committed to educating and assisting the nearly 152 million workers, retirees and their families covered by approximately 747,000 private retirement plans, 2.5 million health plans, and 673,000 other welfare benefit plans holding approximately $11.7 trillion in assets; as well as plan sponsors and members of the employee benefits community. EBSA balances proactive enforcement with compliance assistance and works diligently to provide quality assistance to plan participants and beneficiaries.