Tuesday, November 22, 2005
Small Firms Offer More Retirement Options
Financial-services firms are pushing retirement-planning services to small businesses, an area that has long lagged behind big companies in providing for their employees.
Financial firms, including Charles Schwab & Co., Fidelity Investments and Wachovia Corp., are cutting fees and simplifying procedures to attract more small businesses to set up employee-retirement accounts, ranging from Simple IRAs to 401(k)s. For employees, such moves mean retirement benefits are increasingly common at small businesses, a segment where retirement plans have long been a rarity.
Small Firms Offer More Retirement Options
Source: Wall Street Journal Online (subscription required)
Financial firms, including Charles Schwab & Co., Fidelity Investments and Wachovia Corp., are cutting fees and simplifying procedures to attract more small businesses to set up employee-retirement accounts, ranging from Simple IRAs to 401(k)s. For employees, such moves mean retirement benefits are increasingly common at small businesses, a segment where retirement plans have long been a rarity.
Small Firms Offer More Retirement Options
Source: Wall Street Journal Online (subscription required)
Permalink posted by armandn @ 7:33 AM 
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