November 19, 2020 6 minutes to read ∙ 1300 words

SPONSORED CONTENT: Find Out What Makes Savers Tick

By ABA Retirement Funds

Generally speaking, it doesn’t require much convincing to have someone agree that saving for retirement is a smart thing to do. And yet, browse through any article about saving for retirement or listen in on discussions taking place in Washington, D.C., today, and you’ll likely hear questions such as: Why do nearly three in four small companies (think: small law firms) choose not to sponsor a retirement plan? Why do nearly a quarter of people with access to voluntary retirement plans choose not to invest in them? Why do so many people seemingly ignore the potential benefits of time and compounding, and procrastinate when it comes to joining their plan?

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