First 403(b) Pooled Employer Plan Launches Post SECURE 2.0
The first 403(b) Pooled Employer Plan to the market following the SECURE 2.0 legislation is being launched by The Platinum 401k, Inc., a Clearwater, Fla.-based fee for service third party administration firm and ERISA 3(16) Plan Administrator.
The Platinum 401k CEO Terrance Power
Voya Financial, Inc. announced today that it will serve as the recordkeeper for the new Secure Retirement 403(b) Pooled Employer Plan (PEP), created in response to SECURE 2.0 and designed to provide a pooled plan option specifically to 501(c)(3) nonprofit organizations and healthcare related entities, broadening retirement plan access for employees within these industries.