Small firms may have a new way to offer 401(k) plans to their workers

Small firms may have a new way to offer 401(k) plans to their workers

If your employer doesn’t offer a retirement plan, a new option might change that.
A federal rule now in effect allows companies to team up through certain employer groups and professional organizations to offer a shared 401(k) plan to their workers. The rule, which aims to expand the use of so-called multiple-employer plans, comes as a similar — but broader — proposal continues to idle in the…

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