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How Advisors Can Help Small Businesses Navigate Trump’s MEP Changes

Broadridge's Tim Slavin sees advisors playing a key role in helping small employers see the value in multiple employee plans.

How Advisors Can Help Small Businesses Navigate Trump’s MEP Changes

President Donald Trump’s pooled multiple employer plans (MEPs) order aims to broaden the possibilities for small employers to offer retirement plans. Will a new era of MEPs, sometimes referred to as association retirement plans, sufficiently lower costs for employers and foster an environment where employees will take charge of their own financial future? The prospects are promising. Hearings are slated to begin this week.