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man with graphs Under MEPs, employers are still fiduciaries, but most of the burdens of administering plans can be offloaded to third-party providers. (Photo: Shutterstock)

Last week, President Trump signed an executive order establishing the expansion of access to workplace retirement plans as a formal policy of the federal government. The order, which gives the U.S. Departments of Labor and Treasury six months to propose new rules or guidance that would clarify which employers could join multiple employer plans (MEPs), was lauded by employer advocates and retirement plan providers.

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