Tag: MEPS
At any moment in time, only half of U.S. private-sector workers are participating in an employer-sponsored retirement plan, mainly due to lack of coverage. 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…
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…
