Advisors to small business owners, and employees of small businesses, have their work cut out for them. According to Limra research, just 47% of small businesses in the U.S. offer benefits to employees. It defined small business as those with fewer than 100 employees. When that is put side-by-side with Census data that shows that 98% of businesses in the U.S. fall into this size category, over half of all U.S. businesses do not offer benefits.

The idea of small businesses not offering benefits is not new, but the numbers are getting worse. According to Limra, that 47% is the lowest level the group has found in two decades of research.

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