Tag: small business
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At any given time, only about half of U.S. private sector workers are covered by an employer-sponsored retirement plan, and few workers save without one. The coverage gap, which undermines the retirement security of the nation’s workers, is driven by a lack of coverage among small employers…
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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…