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American Benefits Council Testimony to ERISA Advisory Council on Participant Plan Transfers and Consolidation for the Advancement of Lifetime Plan Participation
American Benefits Council Link to more items from this source
[Opinion]
June 10, 2016
"[P]otential solutions that [would] support the DOL's desire to achieve greater lifetime participation in employer DC plans [include:] [1] Modify fiduciary rule to broaden (or clarify) exception for employees of the employer (plan sponsor) ... [2] Create incentives for rollovers without a current determination letter ... [3] Encourage 401k plan sponsorship, including open-MEPs, rather than State-Run Auto IRAs."

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