Compliance | October 22nd, 2020 Bill Would Fill Gaps in Previous Retirement Legislation The SAVE Act would allow 403(b) plan sponsors to join open MEPs and incentivize the creation of ESOPs, among other...
Compliance | November 21st, 2019 Possibility of Open MEPs Comes With Questions Open MEPs are likely to come in many "models," so questions about pricing and fiduciary responsibility remain, MassMutual says.
Data and Research | October 23rd, 2019 Five Ways to Improve Retirement Security in the U.S. The Aspen Institute Financial Security Program lays out ways industry leaders and policymakers can improve Americans’ retirement outlook, including expanded...
Compliance | August 2nd, 2019 Final ARP Rule Opens Door for More Employers to Offer Retirement Plans Industry sources discuss the positives from the final association retirement plan (ARP) rule, but the industry will still have to...
Data and Research | July 29th, 2019 Empower Views Open MEPs as a Solution for the Coverage Gap Two-thirds of small businesses that currently do not offer a retirement plan say that they would consider doing so through...
Compliance | July 10th, 2019 Open MEPs Not for Every Plan Sponsor If legislation passes to allow for open multiple employer plans (MEPs) for plan sponsors without a common nexus, experts believe...
Compliance | October 22nd, 2018 DOL Seeks to Expand Access to ‘Association Retirement Plans’ These plans allow small businesses within a business group or association to join together to offer defined contribution retirement savings...
Opinions | September 6th, 2018 Barry’s Pickings: Two Cheers for Open MEPs Michael Barry, president of October Three (O3) Plan Advisory Services LLC, says open MEPs will work up to a point,...
Compliance | August 31st, 2018 President Trump Orders Review of Open MEPs, RMD Rules President Trump on Friday called on the Department of Labor to consider the pros and cons of allowing small businesses...
Compliance | July 24th, 2018 BlackRock Lays Out Plans to Boost Retirement Readiness The investment firm calls on the government to pass numerous measures to expand access to retirement plans and boost participation...
Products | June 7th, 2018 Securian Offers Open MEP for Small and Mid-Sized Employers The Platinum 401(k) assumes the role of the ERISA 3(16) Plan Administrator, and Fidelis Fiduciary Management serves as the ERISA...
Compliance | December 14th, 2017 Congressmen Introduce SAVE Act The bill would facilitate lifetime income disclosure, clarify the current annuity selection safe harbor and expand access to multiple employer...