This is John Batcher, conversation with my good friend and colleague Gene Marks, small business

columnist for the Guardian newspaper Philadelphia Inquire, many other distinguished publications

about the tax credits and guidance available from the US government for small businesses,

any business with less than 50 employees qualifies,

to set up 401ks for their employees and themselves these small business people.

Gene guides you through it here. I don't understand all of the details, but he says that it's almost free and that there's lots of

support.

401k's are a benefit for everyone in all directions and a really very good way to advertise what a good workplace you have.

Gene Marks, the Rif Inquire, Guardian newspaper, The Hill, many distinguished publications

on setting up a 401k, which right now is only the only advantage

taken of the 401k from the government is 24 25% of all the small businesses in America.

75% to go.

Here's Gene Marks.

So yeah, you know, it's great.

I'm actually working right now on a piece and we can talk about it further

maybe next week because it'll be in the

inquiry in the affiliate inquire because there's a survey that came out that

reported that 24% only 24% of small businesses and these are defined as I think businesses are less than 50 employees

have a 401k or retirement plan, John, a 24%, which means that 76% of businesses that you're seeing out there small businesses

don't offer a retirement plan for their employees and I talked to three benefits

you know experts and I'm going to add myself into being

incredulous at that number because, you know, there's a lack of awareness issue.

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