One of three bills introduced this week as part of “Tax Reform 2.0,” the Family Savings Act includes many of the provisions written into the popular RESA legislation.
Tag: open MEPs
President Trump on Friday called on the Department of Labor to consider the pros and cons of allowing small businesses to jointly offer retirement plans (open MEPs).
The Platinum 401(k) assumes the role of the ERISA 3(16) Plan Administrator, and Fidelis Fiduciary Management serves as the ERISA 3(38) Investment Manager.
The Wisconsin Association of Independent Colleges and Universities announced a partnership with Transamerica to create a 403(b) multiple employer retirement plan specifically for its educational institution members.
Any large-scale action on retirement reform will require trust, a willingness to take risk and experiment, and a sense of the greater good.
Creating open MEPs, encouraging the use of lifetime income products and removing impediments to employers maintaining DB plans are just a few of Mercer’s suggestions.