Prognosis for Open MEPs: Fred Talks with Terry Power

Prognosis for Open MEPs: Fred Talks. Hear from Terry Power founder of The Platinum 401k, one of the leading experts on multiple employer plans (MEPs), about why they make so much sense and whether we can expect to see new laws that would allow unaffiliated organizations to join an open MEP.

Employers regularly use a common carrier for healthcare benefits but most 401k and 403b plan sponsors have to design and run their own retirement plan with limited negotiating power. So what’s the hold-up? And is there hope because the new EBSA secretary Preston Rutledge helped write one of the pending laws?

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Retirement Plan Committee Helps Manage Fiduciary Responsibility.

Retirement Plan Committee Helps Manage Fiduciary Responsibility

Retirement Plan Committee Helps Manage Fiduciary Responsibility Retirement plan committee meetings on a periodic basis will help fiduciaries to make prudent decisions.  The retirement plan committee should operate according to written rules which describe the processes the committee members should ...