Coming soon: Pooled employer plans – A look at how small employers can benefit

Description

Abstract: Employers and retirement plan services providers have had a year to mull their options since the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 paved the way for the launch, in 2021, of pooled employer plans (PEPs). For small businesses, these new plans may fundamentally change the quality of and access to retirement plans. This article looks at how PEP providers may benefit, PEP specifics, and liability issues for those plans that decide to take advantage of a PEP.