Navigating the journey to a secure retirement can be complex, but with the right tools and guidance, it can also be straightforward and rewarding. Target Retirement Solutions offers innovative options like pooled employer plan 401k and pooled retirement plans, designed to streamline retirement savings for both employers and employees. These solutions provide a blend of flexibility, cost-efficiency, and robust support, making retirement planning more accessible and effective.
A pooled employer plan (PEP) 401k is a relatively new option in the retirement planning landscape, introduced to simplify and enhance the retirement savings process. This plan allows multiple employers to band together to create a single, larger retirement plan, pooling their resources and participants. This approach offers several key benefits, including reduced administrative burden, lower costs due to economies of scale, and improved investment options.
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