<prompt> Human: I am currently an employee at a small business and cannot get the owner to set up a 401k contribution option because he says it is too expensive. I have always been under the impression that a 401k option was a legal requirement for an employer to offer employees, though it may be unmatched. However, googling it I see that almost 50 of small businesses do not offer a 401k option. Are there loop holes that allow employers to not offer a way to invest in your future tax protected?  <response>: Is a 401k option a legal requirement for an employer?No.Are there loop holes that allow employers to not offer a way to invest in your future tax protected?Its far from a loop hole - there is no requirement to begin with. 