The AARP 2016 Colorado Small Business Owner Work and Save Study was a telephone study among 451 small business owners or decision makers about employee benefits at companies with 4-100 additional employees within the state of Colorado.
Key findings include the following:
- 2 in 3 agree that the state should do more to encourage residents to save for retirement.
- 3 in 5 support a privately managed, ready-to-go state retirement savings plan.
- 3 in 4 agree that Colorado lawmakers should make it easier for small businesses to offer a way for employees to save for retirement.
- 2 in 3 agree that a retirement savings plan provides small businesses a competitive edge.
Interviews were conducted July 25-August 10, 2016. Respondents were offered a $5 check in appreciation for their participation. Sample, including owner names and companies, were from a Dun & Bradstreet business list. For more information contact Brittne Nelson at BNelson@aarp.org.