Tag: multiple employer plans
In December 2019, Congress passed the SECURE Act, the first major piece of pension legislation since the Pension Protection Act of 2006. Proponents have characterized the passage of the SECURE Act as “a great victory for plan sponsors and American workers.” I would characterize the legislation somewhat differently – the changes are generally positive but…
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…
