The TEAM Act is intended to make it easier for employers to design and implement employee involvement programs.

Question

Quizplus · Accepted Answer

The TEAM Act (which stands for the "The Employee Access to Modern Benefits" Act) includes provisions aimed at removing legal barriers and reducing administrative hurdles to creating employee benefit plans, such as retirement savings plans and flexible spending accounts. It also includes measures to encourage greater employee involvement and participation in these plans. Therefore, it is intended to make it easier for employers to design and implement employee involvement programs.

The TEAM Act Is Intended to Make It Easier for Employers