Proposed Bill Would Give 403(b) Plan Sponsors Access to Open MEPs
The SECURE Act's provisions for pooled employer plans (PEPs) did not apply to 403(b) plans.
Tag: open multiple employer plans
What Plan Sponsor Clients Should Consider Before Joining an Open MEP
Providers of open MEPs are likely to create many different versions, and it has yet to be determined how much fiduciary responsibility plan sponsors will shoulder, MassMutual says
Practice Management
PANC 2019: Multiple Employer Plans—Opportunity or Threat?
The SECURE Act could make ‘open’ MEPs a reality—and a benefit to advisers if they are proactive.
Compliance News
Data & Research
Legislative and Judicial Actions
FINRA Share-Class Sweep Highlights Importance of CooperationThe Financial Industry Regulatory Authority (FINRA) announced the final results of its mutual fund waiver initiative—the agency’s aggressive multiyear effort to ensure member...
Open MEPs Seen as a Promising Way to Narrow the Coverage Gap
Two-thirds of small businesses that currently do not offer a retirement plan say that they would consider doing so through an open MEP, Empower learned in a survey.
Cover Story
Compliance
Compliance
Products
Advisers’ Future Trajectory
Firms confront a convergence of retirement plan and wealth consulting
Republicans Flesh Out Tax Reform 2.0, Taking Aim at Retirement Issues
A trio of bills introduced before the House Ways and Means Committee this week offer the first detailed look at Republican Congressional leaders’ hopes for “Tax Reform 2.0,” which include many initiatives supported broadly by retirement industry stakeholders.
Industry Weighs President Trump’s Executive Order on MEPs, RMDs
The president on Friday signed an executive order directing the Treasury Department to reassess required minimum distributions from 401(k) plans and ordering DOL staff to explore the possibility of allowing small businesses to join open multiple employer plans.
Securian Launches Open MEP
Securian Financial provides recordkeeping services and an investment platform for the solution designed for small and mid-sized employers, along with easy access to account tools and resources through a secure website, and it has teamed up with two other industry professionals to provide fiduciary services.