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Most Small Businesses Unaware of New Tax Law Incentives to Sponsor a Retirement Plan (PDF)
Employee Benefit Research Institute [EBRI]
May 7, 2002
Press release. Excerpt: The most surprising finding from this year's [Small Employer Retirement Survey] is the large number of [small businesses] that are unfamiliar with the Economic Growth and Tax Relief and Reconciliation Act (EGTRRA) that was signed into law last year, which contains numerous incentives for retirement plan sponsors. Sixty-eight percent of sponsors and 86 percent of nonsponsors (companies not sponsoring a plan) say they are not familiar with this law ...
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