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Washington Retirement Marketplace Now Available for Small Business Owners and Individuals
Washington State Department of Commerce
Mar. 20, 2018 "Each plan listed on the Retirement Marketplace meets strict criteria established by the Washington State Legislature: [1] Must first be reviewed by officials at the Department of Financial Institutions and/or the Office of the Insurance Commissioner. [2] Cannot charge administrative fees to employers. [3] Cannot charge enrollees more than 1 percent in total annual administrative fees. [4] Must go through an annual renewal process to ensure the plan and provider remain in good standing. Participation in the Retirement Marketplace is voluntary for both employers and employees." MORE >> |
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