White Paper / Retirement
DOL Proposes New Multiple Employer Plan Rules: Everything You Need to Know

The Department of Labor (DOL) has announced proposed regulations that would make it easier for associations and professional employer organizations (PEOs) to offer retirement savings plans to their members through Multiple Employer Plans (MEPs). The MEP proposal would allow certain small businesses to band together to offer more robust 401(k) plans to their employees and achieve significant savings. While the new regulation is certainly a step in the direction, it doesn’t go as far as many had hoped.

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