The SECURE Act, enacted in December 2019, greatly enhances the ability of employers (particularly small and medium-sized employers) to maintain retirement programs for their employees. Specifically, it provides for the creation of a new retirement vehicle called a “Pooled Employer Plan.” Unrelated employers may participate in a Pooled Employer Plan, which is sponsored by a “Pooled Plan Provider.” Learn more about Pooled Employer Plans in our recent client alert, available here.
