Workers in small firms with fewer than 100 employees are much less likely than larger businesses to have a retirement plan available to them, according to a study released by the Office of Advocacy.
A related working paper analyzes the retirement savings behavior of business owners, and finds that retirement account ownership, contribution, and participation rates for all business owners are low; this is especially true of micro-business owners.
Both studies use nationally representative data from the Census Bureau’s Survey of Income and Program Participation.
