Taking the employer out of the "employer-sponsored retirement plan"
A new paper from the American Academy of Actuaries predicts that retirement plan "decoupling" is likely to continue. Here's what you need to know.
By David Baumann|January 05, 2022 at 05:30 PM
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Shifting retirement plan operations to a third-party, known as “decoupling” could offer employees greater options, while reducing the cost, risk and administrative burdens for employees, the American Academy of Actuaries said in a recent issue brief.
About one-third of all private industry workers in the U.S. do not have access to an employer-sponsored retirement plan, the academy noted. Those workers often are employed at small business that lack the resources needed to operate plans.
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