| | Webcast Event | | On May 24, join Larry Deatherage, principal and co-founder at Retirement Benefits Group, David Donaldson, president at ERISA Smart, and Andrew Miller, director of Product Development at Principal Financial Group as they discuss the different options available for reducing your liabilities and responsibilities as a plan sponsor. During this webcast, we will explore the keys to fiduciary freedom from the perspective of a financial adviser with over 25 years of retirement plan consulting experience, a former Department of Labor (DOL) investigator, and a senior manager responsible for product development at one of the largest providers in the country.Read more > | | | Industry Voices | | The Retirement Enhancement and Savings Act of 2018: What Would It Mean for MEPs? | | We have long touted the benefits of multiple employer plans, or MEPs, which can provide a cost-effective way to manage a retirement plan. As the name indicates, an MEP is formed by a number of employers—specifically, employers involved in a “commonality,” or the same line of business. Combining into an MEP can make it simpler for a given company or business owner to run a retirement plan as MEPs provide an appealing level of efficiency and governance. MEPs currently cover about 4.5 million people—an impressive enough figure, although in February, there were approximately 126.4 million full-time employees in the U.S. There are various reasons why MEPs are not more widespread, but, for our purposes here, one of the most important is the commonality requirement. However, that may soon change.Read more > |
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