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Reducing Retirement Saving Barriers for Gig Workers
Fisher Phillips
May 31, 2018 "As it is currently drafted, [the Retirement Enhancement and Savings Act (RESA)] would create incentives for small employers who do not sponsor their own retirement plans to join a [multiple employer plan], or MEP.... Gig workers, via their sole proprietorships, could elect to join an open MEP. This would allow for gig workers to make 401(k) contributions to their own retirement plans and for businesses to make matching contributions." MORE >> |
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