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Recent Pension Legislative Proposals
October Three Consulting Link to more items from this source
Feb. 25, 2014
"Senator Collins's (R-ME) Retirement Security Act of 2014 (RSA 2014)... would allow: [1] A MEP to be treated as satisfying Tax Code qualification requirements despite a violation with respect to one or more participating employers. [2] 'Qualified' MEPs to cover employers that do not share a common interest. A qualified MEP generally only covers employers with 500 or fewer employees.... [The proposal would also] add a new 401(k) automatic enrollment safe harbor using higher default contribution rates than under current rules ... [and] includes a tax credit for small employers establishing this sort of safe harbor."

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