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Episode Info

Episode Info:

If your small business offers a retirement plan, get ready for some significant changes this spring. A proposed rule from the Department of Labor, expected to go into effect by May, would increase the cost of retirement plans for small businesses – specifically those with 100 or fewer employees participating in the plan. It would also limit employers’ choice of plans and individuals retirement plan options, such as IRAs. This sweeping regulation will impact the rules governing more than $15 trillion in retirement savings – and, not surprisingly, result in some unintended consequences. Tune in to learn more about the rule, how it will impact more than 9 million U.S. households, and what you can do about it.

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