More Member Value in the Form of a 401(k)
Investigate the value of a MEP
If increased membership recruitment and retention are on your organization’s holiday wish list, well...the holidays may have come early.
Have you ever heard of a 401(k) MEP? (“MEP” stands for Multiple Employer Plan.)
Basically, it’s a retirement savings package in which multiple businesses with a “common nexus” participate in a single retirement plan. (That means businesses with some kind of commonality; businesses within the same industry or geographic region, for example.)
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