There are incentives of up to $5,000 to start plans, but many business owners don't take advantage of that, EBRI found.
American Funds, which has been the top seller of target-date mutual funds for two years, says it has something new for the PEPs space.
It's a concept that's hardly new in financial services, but the brokerage is offering significantly more than competitors.
Several states have such programs, and extending the accounts to the federal level could decrease the wealth gap, legislators say
Such ETFs could become a small component of target-date funds.
The relatively young market and its reliable, asset-based fees are very attractive to investors.
In its earnings report, the firm cites all-time highs in both advisor productivity and client assets.
As Social Security inches closer to insolvency, the tax breaks provided to 401(k)s, defined-benefit plans and IRAs could be revamped to fix the system, according to a recent paper.
Led by demand for fixed products, total annuity sales were up 23% last year, according to Limra.
If the Chevron deference is overturned, 'the SEC will no longer be able to create new rules that are designed to apply to new things going on in the marketplace,' an attorney says.