Retirement security

Ink Link Marketing has a unique approach to boosting the health and wellness of its employees. This includes monthly programs like “fitness-fat Friday,” where staffers are encouraged to come to the office in workout gear, exercise together and reward themselves afterward by visiting a local cupcake shop. 

When it comes to employee benefits, the difference between working for a small business and a large corporation can be the difference between eating at a buffet and dining a la carte: neither are bad options, but one usually offers more choices than the other. Unfortunately, far too many lawmakers in Washington, D.C. fail to understand that small businesses often do not have the resources to offer a buffet of benefits, which can result in high employee turnover.

When it comes to employee benefits, the difference between working for a small business and a large corporation can be the difference between eating at a buffet and dining a la carte: neither are bad options, but one usually offers more choices than the other. Unfortunately, far too many lawmakers in Washington, D.C. fail to understand that small businesses often do not have the resources to offer a buffet of benefits, which can result in high employee turnover.

For small business owners, setting up an employer-sponsored retirement plan can be complicated and expensive. Too many small businesses don’t have the resources to create a formal retirement plan, which means entrepreneurs and their employees frequently struggle to plan for retirement. Nearly 80 percent of employees who work for a small business don’t have access to an employer-sponsored retirement plan.

As we enjoy the hustle and bustle of the holiday season, here at Small Business Majority we’re celebrating a very successful 2014. And with a new Congress coming to Washington in January, we’re looking forward to continuing our efforts on the small business front in 2015.  See below for some of our biggest accomplishments from the past year.

Terry Gardiner

The state House of Representatives’ recent passage of the Save Toward a Retirement Today (START) bill is a step in the right direction for Washington’s small businesses and their workers. START would help small employers by giving them the option of creating a simple, state-managed retirement account for their employees and themselves.