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Stock impact report

Equitable Launches 403(b) Pooled Employer Plan to Support Nonprofits

Equitable Holdings, Inc. (EQH) 
Last equitable holdings, inc. earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Business Wire
New offering expands access to retirement plan benefits for this underserved market NEW YORK--(BUSINESS WIRE)--Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), today announced the introduction of the Equitable Retirement AccessSM ERISA 403(b) pooled employer plan (PEP), a new offering designed to help nonprofit organizations offer a scalable, cost-efficient way to provide their employees with retirement plan benefits.“Nonprofit leaders pour everything into the people and communities they support, but most don’t have the resources or time to manage a retirement plan,” said Jim Kais, Head of Group Retirement at Equitable. “They recognize how important these benefits are for attracting and keeping talent, and this new solution gives them a practical way to offer a high-quality retirement plan while we handle the details behind the scenes.”PEPs are defined contribution plans that allow a group of unrelated businesses Show less Read more
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