The U.S. Department of Labor announced a Notice of Proposed Rulemaking to help small businesses strengthen retirement security in America.
The proposed rule would make it easier for small businesses to offer retirement savings plans to their workers through Association Retirement Plans, which would allow small businesses to band together to offer 401(k) plans to their employees.
“President Donald J. Trump is moving to expand quality, affordable workplace retirement plan options for America’s small businesses and their employees. Many small businesses would like to offer retirement benefits to their employees, but are discouraged by the cost and complexity of running
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