Tag: retirement plan legislation

Open MEPs Not for Every Plan Sponsor

If legislation passes to allow for open multiple employer plans (MEPs) for plan sponsors without a common nexus, experts believe they will offer benefits to plan sponsors, but there would be some considerations to explore before joining one.

House Committee Quickly Advances SECURE Act

Like RESA, the SECURE Act contains popular measures to help Americans prepare for their long-term financial future by expanding opportunities to save for retirement in tax-qualified accounts.

How Open MEPs Could Change the Retirement Plan Market

Not immediately, but over time, with passage of open MEP legislation, plan sponsors will see a change in service delivery, plan advisers will have to consider different distribution paths, and plan providers will experience both innovation and disintermediation.