As plan sponsors continue to evaluate the optional provisions of SECURE 2.0, many have selected which ones best align with their participants, according to Fidelity Investments.
The Securities Industry and Financial Markets Association (SIFMA) & Financial Services Institute (FSI) argue that the rule — while intended to strengthen investor protections — would actually limit their access to retirement products.
"This agreement is an example of what independent, flexible work with dignity should look like in the 21st Century. We are thrilled to see more policymakers supporting portable benefits and innovative frameworks to improve independent work," Uber CLO Tony West said.