Outline:

I. Retirement Plan Marketplace Prior to the SECURE Act – 5 minutes

·       Overview of traditional retirement plan structures

·       Barriers to plan adoption for small and mid-sized employers

·       Cost, administrative complexity, and fiduciary concerns

II. Overview of the SECURE Act – 7 minutes

·       Legislative goals and background

·       Expansion of retirement plan access

·       Introduction of Multiple Employer Plans and tax incentives

III. SECURE Act 2.0: Key Enhancements and Implications – 8 minutes

·       Automatic enrollment provisions

·       Expanded tax credits and incentives

·       Increased compliance and administrative considerations

IV. Multiple Employer Plans (MEPs) – 7 minutes

·       Structure and operation of MEPs

·       Employer participation requirements

·       Fiduciary responsibilities under a MEP arrangement

V. Pooled Employer Plans (PEPs) – 7 minutes

·       Role of the Pooled Plan Provider (PPP)

·       Comparison of PEPs to traditional MEPs

·       Fiduciary delegation versus fiduciary retention

VI. Multiple Employer Aggregation Programs (MEAPs) – 6 minutes

·       Overview of Multiple Employer Aggregation Programs

·       Key differences from statutory MEPs and PEPs

·       Compliance and fiduciary considerations for participating employers

VII. Fiduciary Responsibilities of a Business Owner – 6 minutes

·       Definition of fiduciary responsibility under ERISA

·       Ongoing duties related to plan oversight and monitoring

·       Risk management and documentation best practices

VIII. Financial Advisors’ Role in Employer Retirement Plans – 4 minutes

·       Overview of advisory roles and services

·       Distinction between fiduciary and non-fiduciary functions

·       Collaboration between financial advisors and CPAs