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Image: Adobe Stock Finance companies are expanding their offerings of pooled employer plans, a relatively new 401(k)-style retirement arrangement that allows multiple small businesses and nonprofits to participate in a single, jointly administered system. Equitable, a life insurance and retirement services company, announced earlier this month that it was rolling out a new 403(b) plan designed for nonprofit employers. "Nonprofit leaders pour everything into the people and co

Image: Adobe Stock Employees can now invest in more than just traditional mutual funds through their retirement plans, and federal regulators are making sure that plan sponsors responsible for choosing additional alternatives are protected. In March, the U.S. Department of Labor proposed a new safe harbor rule in response to Executive Order 14330, which President Trump signed last August. The order encourages fiduciaries and employers to expand the use of "alternative funds"