1. Retirement Plans Rebound at Small Businesses

    Retirement Plans Rebound at Small Businesses

    Balances in small business retirement plans have increased an average of 20 percent between 2007 and 2012 in the aftermath of the recession. A new analysis by Fidelity Investments examined more than 200,000 small business accounts over a six-year period that used either a Simplified Employee Pension Plan (SEP-IRA), Self-Employed 401(k) or Savings Incentive Match Plan for Employees (SIMPLE-IRA) with Fidelity. These plans are generally used by businesses with 10 or less employees and offer various

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    1. The recent recession had a significant impact on many small businesses and continues to pose obstacles in today's economy, but we are encouraged to see that both owners and their employees have remained committed to saving for retirement.