AXA: Meeting Small Biz NeedsMay 4, 2016
Did you know that five million firms in the U.S. have fewer than 250 employees, while only 18,500 have 500 or more? Or that microbusinesses, those with fewer than 10 employees, represented 75 percent of all private-sector employees in 2013?1
“Small businesses, the true backbone and growth engine of the U.S. economy, need retirement planning help,” said Tracey Gray-Walker, head of AXA’s Association Business. “We’re focused on helping associations promote their member value proposition, which, in turn, helps the members, who own small businesses, such as dental practices, small architecture firms – even yoga instruction studios.”
“Small business owners, like most Americans, are not saving enough for retirement,” says Gray-Walker, adding, “They’re overwhelmed by complexity, price concerns, and the competing priorities that come from having to do it all.”
AXA offers advice for owners on how to take small manageable steps that can lead to a secure retirement for owners, families and employees; in addition to helping small businesses attract and retain talented employees.
To learn more or to receive a complimentary fee comparison to ensure you have what is most appropriate for your business needs call 800-523-1125, ext. 2263.
* This article was contributed by Linda Lyons, relationship manager in AXA’s Association Business, an NSBA corporate partner.