Plan for Retirement

Should your business offer a retirement plan benefit? Here’s what to ask yourself

Retirement benefits are among the best known and most desirable employee benefits offered. So why don’t more businesses offer them? First, of course, not all tools are right for every situation.

But there also can be a lot of misunderstanding about complex company-sponsored benefits, and sometimes a hesitation by owners who are leery of getting in over their head or who aren’t sure if the effort will be worth it. If you like the idea of offering retirement benefits but aren’t sure where to start, ask yourself:

There are lots of reasons to offer retirement benefits, not least because it helps employees you care about prepare a solid future for themselves. With the right guidance, you may find that offering a retirement plan makes more sense than you would expect.