(Photo: Shutterstock)
The retirement industry and business media alike have taken notice of the Pooled Employer Plan (PEP) and how it will change the retirement landscape. But to better understand PEPs and its impact on employers, administrative staff, and auditors, it's important to understand how PEPs first came to be. The PEP was created out of changes made in the SECURE Act which eliminated the Unified Plan Rule, better known as the "one bad apple" rule, for Multiple Employer Plans (MEPs). But this relief only applied in certain situations, which led to the creation of the PEP.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
