The 401(k) plans of two companies will be part of the pooled employer plan Aon will launch Jan. 1.
Three other companies are expected to join the pooled plan in the first quarter, Aon said in a release.
The company predicts that half of U.S. employers will join pooled plans over the next decade.
The concept of pooled employer plans was created in late 2019 through the passage of the SECURE Act. The new plans become effective January 1, 2021.
Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.
Whichever path you go down, act now while you're still in control.
Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.
“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.
Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.
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