It’s Now Easier for Small Employers to Offer Retirement Plans

In a new report, OMA Connections Partner Calfee says the new federal SECURE Act increases small employers’ access to retirement plans. By allowing “Pooled Employer Plans” (PEPs), the new law enables small employers to offer their employees a tax-qualified savings plan with reduced costs, while providing employers with easier set-up, as well as improved administration and fiduciary oversight. 1/22/2020