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2 Matching News Items

1.  Small 401(k) Plans in 2021: What's in Store for the Marketplace
The Platinum 401k, Inc., via LinkedIn Link to more items from this source
Aug. 30, 2017
"[It's] simply a matter of time before the expanded Multiple Employer Plan features -- soon to be referred to as Pooled Employer Plans -- become a reality. We expect this to happen as early as this year under the new tax bill that is moving through Congress.... Where does that leave advisers and investment providers? Potentially in a great position to dominate the marketplace if they understand the opportunity."
2.  NYC Proposes Its Own Private-Sector Retirement Plan, Making a Bad Idea Even Worse
The Platinum 401(k), via LinkedIn Link to more items from this source
Feb. 7, 2016
"Apart from the clear track record that having municipality oversight of private sector employee retirement funds opens the door for corruption and abuse, the entire structure of such a program flies directly in the face of the very reasons why [ERISA] was signed into law over 40 years ago.... New York City might be the poster child for municipal pension plan mismanagement, Illinois and the City of Chicago notwithstanding. Is this the 'extensive infrastructure, know-how, and cost benefits' that the City has gained that should now be leveraged for private sector employees?"

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