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How Trump Is Strengthening American Retirement Security
Alexander Acosta, Secretary of the U.S. Department of Labor [DOL] in The [Raleigh NC] News & Observer
Aug. 31, 2018 "President Trump's executive order directs his administration to identify policies that would assist small- and mid-sized businesses to sponsor workplace retirement plans by coming together as a group or association of employers. Such retirement plans would leverage economies of scale to give small-business employees access to the same quality 401(k) plans as workers at large companies.... These plans could offer an efficient way to reduce paperwork and administration costs for small businesses. This means small-business owners could focus on running their businesses rather than running retirement plans -- while still creating opportunity for their employees to prepare for a financially secure retirement." MORE >> |
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