Utah HB0250 establishes an online retirement plan exchange for employers to review and select retirement plans for their employees.
Utah HB0250 directs the state treasurer's office to create and maintain a publicly accessible online exchange for eligible employers to review, compare, and select retirement plans for their employees. The exchange must present each qualified retirement plan with a summary of key features, disclosure of fees, investment menu, performance data, and fiduciary roles. Eligible employers can filter and compare plans based on features like cost and investment lineup.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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