How the Retirement Enhancement and Savings Act of 2018 will help employees of small businesses
Many economists believe that America is in the midst of a financial crisis – a retirement savings crisis. Despite all the positive economic news, statistics show that 14 percent of Americans have no money saved for retirement, while another 42 percent have less than $10,000. So why aren’t we saving for retirement? Many reasons but one major reason is the lack of access to an employer-sponsored savings plan. However, change is on the way. Read how the Retirement Enhancement and Savings Act of 2018 will encourage retirement savings. Read article here…