The American Society of Pension Professionals & Actuaries (ASPPA) and the National Tax Sheltered Accounts Association (NTSAA) requested changes to pre-approved plan programs.
A recent Deloitte survey found employee retirement readiness continues to be a top priority among more than three-quarters (78%) of 401(k) plan sponsors.
A trade group has been formed to educate plan sponsors and consultants about how investing in commercial real estate may enhance retirement security for defined contribution plans.