Final regulations from the DOL open the door to new MEPs
The entire retirement industry has been devising strategies and product ideas in expectation of receiving new guidance from Washington about multiple employer plans (MEPs).
On July 29, 2019, one such piece of guidance arrived in the form of the Department of Labor’s (DOL’s) final regulation on Association Retirement Plans (ARPs), which opens the door to expanded use of “closed” MEPs by associations, trade groups, chambers of commerce, PEOs, and others. Read full article…