Browsing Tag
Multiple Employer Plans (MEP)
90 posts
A Multiple Employer Plan (MEP) is a retirement plan, such as a 401(k), that allows two or more unrelated employers to participate in a single plan. By pooling resources, employers can reduce administrative costs, share fiduciary responsibilities, and offer employees access to broader investment options. MEPs simplify compliance and can make offering retirement benefits more affordable for small and mid-sized businesses.
4 Major Challenges for 401(k) Plan Providers Now
Every year presents new challenges for retirement plan sponsors and advisors. Here are just a few items to…
Top 401(k) Regulation Story of 2018: Trump Takes Action
President Donald Trump headed to North Carolina to sign an executive order on retirement security, first reported by The…
Small Businesses Want Open 401(k) MEPs
Simply stating that “It’s the right thing to do,” 66 percent of small business owners who do not…
Labor Secretary Acosta Under Fire for Sweetheart Pedophile Deal
Update per McClatchy: Trump labor secretary out of running for attorney general after Miami Herald report. Labor Secretary Alexander Acosta…
Hey! MEPs Aren’t the Only Retirement Solution for Small Businesses
President Trump’s August 2018 Executive Order urged the U.S. government to consider taking actions that would help make…
DOL Secretary Acosta Trumpets Trump MEP Proposal
Small business retirement plans could expand with a new DOL proposal, making 401(k) options more accessible for millions of workers.
Why We Still Need Open MEP Legislation
We need incentives for more smaller employers to adopt 401(k) plans for their employees. However, the current structure…
So, About Those Proposed 401k MEP Regulations …
The DOL MEP Proposal outlines new rules for associations and PEOs, expanding retirement plan access while leaving Open MEPs unchanged.
New DOL Rules Do Little for Open MEPs: Opinion
The Department of Labor (DOL) killed off what we call open multiple employer plans (MEP) six years ago. It…
Department of Labor Acts on Trump MEP Executive Order
It’s been a busy week at the Department of Labor—especially with issues related to the retirement savings of…