Many say they think the pooled employer plans authorized under the SECURE Act will open more doors for small businesses.
Tag: multiple employer plan
Though they applaud the direction the Department of Labor is taking, expert ERISA attorneys say a new proposed rule does not sufficiently explain how pooled employer plans can be structured like existing multiple employer plans.
But 55% decided to take no action.
One measure is to encourage MEPs by eliminating the “nexus” requirement.
Eighty percent of American workers surveyed said they would like to hear congressional candidates discuss retirement security.
The detailed report is aimed at expanding opportunities to save and increasing access to lifetime income products, among other efforts.