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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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