America has a(nother) crisis on its hands! Between social security’s lack of long-term funding and deficiency of retirement plan access for the majority of U.S. small employers (i.e., less than 100 employees), there is a looming "retirement crisis" on the horizon. This crisis is defined by more than 60 million working Americans who do not have a workplace retirement saving program. More broadly, it is exacerbated by the inadequacy of savings the average working American has not saved for their own retirement.
It is well known that small business owners and other self-employed individuals have long been left to fend for themselves - including saving for their retirement. Building a business and working independently is not something we believe individuals should be penalized for - especially not in their golden years.