Tag: MEPS
The hurdles seem quite challenging. We just released a report that explores the possibilities and limitations of Multiple Employer Plans (MEPs) to improve coverage in employer-sponsored retirement plans. The lack of consistent coverage – a pressing concern for the nation’s retirement income security – is driven by small employers. A MEP is a retirement plan…
At any given time, only about half of U.S. private sector workers are covered by an employer-sponsored retirement plan. As a result, roughly one-third of households end up completely reliant on Social Security at retirement, while others move in and out of coverage throughout their careers and end up with only modest balances in a…
