Only about half of U.S. private-sector workers participate in an employer-sponsored retirement plan at any given time — a gap driven almost entirely by small employers, according to new research from the Center for Retirement Research at Boston College.

While more than 90% of larger employers offer retirement plans, just 49% of firms with fewer than 50 employees do so. Small businesses account for the vast majority of all U.S. firms and employ roughly one-third of private-sector workers.

The result is that roughly one-third of households end up completely reliant on Social Security at retirement, while others move in and details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com