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2016 AARP Survey of Rhode Island Small Business Owners: State Retirement Savings Plan

Survey findings show that Rhode Island small business owners (those with 0-100 additional employees) are concerned about their employees having enough money to retire.  

spinner image Downtown Providence, Rhode Island Showing Harbor, Small Business Owners, AARP Research

Key findings include the following:

  • Rhode Island small business owners are concerned about employees having enough money to retire – two-thirds (65%) are very/somewhat concerned. 

  • Most small business owners say they support state legislation to create a basic, ready-to-go, privately-managed retirement plan for employees.  

  • The majority of small business owners agree that Rhode Island lawmakers should support a plan to make it easier for small business owners to offer their employees a way to save for retirement.

  • Most Rhode Island small business owners agree that being able to offer a voluntary, portable retirement plan would help small businesses attract and retain quality employees and stay competitive.

The AARP 2016 Rhode Island Small Business Owner Work and Save Study was a telephone study among 459 small business owners or decision makers about employee benefits at companies with 0-100 additional employees within the state of Rhode Island. Interviews were conducted October 25-November 15, 2016. Sample, including owner names and companies, came from a Dun & Bradstreet business list. For more information contact Jennifer Sauer at