Compensation Strategies Group, Ltd.
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|Washington State OKs Retirement Plan Marketplace|
PLANSPONSOR; free registration may be required
May 19, 2015
"A new marketplace director will work with the private sector to establish a program to connect eligible employers with qualifying plans. Employers are free to choose from an array of voluntary private retirement plan options, including life insurance plans designed for retirement purposes. The program will offer at least two kinds of savings plan: a plan modeled on the SIMPLE IRA that takes employer contributions, and a plan similar to an individual retirement account funded through payroll deductions, which doesn't take employer contributions."
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