Encore: New Labor Department rule on multiple employer retirement plans seeks to expand access

Encore: New Labor Department rule on multiple employer retirement plans seeks to expand access

Changes to multiple employer plans (MEPs) are moving forward on two fronts: one legislative and one regulatory. While both efforts are designed to make MEPs more accessible for small employers, the proposed legislative changes far exceed the final rule recently released by the U.S. Department of Labor (DOL).
As a reminder, MEPs allow employers to form a pooled 401(k) retirement plan, offering…

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