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South Carolina small business owners and decision makers  agree that saving for retirement is important. Many are in favor of a retirement savings option. While most do not provide their

employees with a savings retirement plan, many do support a plan to make it easier for small business owners to offer a way to save for retirement. Additionally, they feel that they would be

able to attract and retain quality employees and have a competitive edge if they were able to offer a retirement option to their workers. ©iStock.com/theadesign Key findings include: *

Sixty-two percent (62%) of respondents expressed concern regarding their employees having enough retirement savings. * Seventy-one percent (71%) support a privately managed, ready-to-go

state retirement savings plan. * Sixty-four percent (64%) would offer employees a state retirement savings plan if it were available. * Retirement savings options provide South Carolina

small businesses a competitive edge. The AARP 2016 South Carolina Small Business Owner Survey was a telephone study among 450 small business owners or decision makers about employee benefits

at companies with 1-100 additional employees within the state of South Carolina. Interviews were conducted May 20-June 9, 2016. For more information contact Teresa Arnold, AARP South

Carolina at [email protected] or Cassandra Cantave at [email protected].