Access to retirement benefits is more prevalent in large firms than small ones. Roughly 75% of large
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Access to retirement benefits is more prevalent in large firms than small ones. Roughly 75% of large firms offer such benefits, while about 35% of small ones do. There are several straightforward ways that small firms can provide retirement plans for their employees. For example, the Pension Protection Act of 2006 contains a provision for a new type of retirement benefit that combines traditional defined benefit and 401(k) plans? L01
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