Three-quarters of small business owners believe that so many Americans are financially unprepared for retirement that the problem has reached the level of a crisis, but only about a fifth of them actually offer their employees a 401(k) or similar plan, according to a new survey.
The survey of 501 small business owners, by Harris Interactive, conducted on behalf of Nationwide Financial, found that only 19% of the small business owners surveyed offer their employees a 401(k) plan or some other type of employee self-funded retirement plan.
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