BELLEVUE, Wash. — Seventy percent of small business owners said Social Security was an important issue for them during last week's elections, according to a survey from ShareBuilder 401(k).
Harris Interactive conducted the online survey from Oct. 4-23. The sampling includes 507 small business owners or small business CEOs and presidents ages 18 and over, who employ 50 employees or fewer, including one-person, owner-operated businesses.
While the survey identified Social Security as an important issue for small business owners, not all retirement issues ranked as highly. Sixty-one percent said they had never heard of the recently enacted Pension Protection Act. Of the 39% of respondents familiar with the act, only 56% said it will be an important factor in their voting and 76% said it makes no impact on their plans to offer a 401(k) plan in the future.
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