The U.S. Department of Treasury and myRA are celebrating small businesses, entrepreneurs, and the self-employed during Small Business Week (May 1-7) and throughout the month of May.
While they may be small in size, small businesses have a big impact on our economy. More than half of Americans either own or work for a small business, and they create about two out of every three new jobs in the U.S. each year, according to the Small Business Administration.
Small businesses often view their employees as family, and as such, they look out for them and want them to succeed. However, many small business owners are not in a position to offer retirement savings plans.
That's where myRA comes in. With myRA, small business employees and others who don't have access to retirement saving plans at work can easily start saving. It's simple, safe, and affordable for both employees and employers.
Share this article about ways small businesses are like families and why myRA can be good option for owners and employees.