The number of small businesses offering their employees a retirement plan has dropped by almost 50 percent.
According to Capital One’s Spark Business Barometer, political uncertainty and poor retail conditions have forced a vast number of small businesses to scale back hiring plans — with just 26 percent of owners saying they plan to take on new staff in the next six months.
Of those businesses that plan to hire, only half can afford to take on full time employees.
Small Business Retirement Plans On The Wane Study Shows
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