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PLANSPONSOR NEWSDASH LOGO April 1st, 2021
Insight on Plan Design & Investment Strategy Every Weekday
Participants
Participants Are Fooled by Retirement Plan and Savings Misconceptions
Participants Are Fooled by Retirement Plan and Savings Misconceptions
A survey identified confusion plan sponsors can clear up with ongoing education and digital tools.
Data and Research
Employers Asked to Take Part in Meeting Americans’ Retirement Income Needs
An economic report discusses Baby Boomers’ lack of retirement readiness and how a new framework for income security is needed as more and more people turn 65.
Most Read
Participants
What Participants Want From Employers’ Retirement Plan Websites
Research
2021 Recordkeeping Survey
Ask the Experts
Allowing for After-Tax Contributions in a 401(a) Plan
Market Mirror
Wednesday, the Dow was down 85.41 points (0.26%) at 32,981.55, the Nasdaq climbed 201.48 points (1.54%) to 13,246.87, and the S&P 500 increased 14.34 points (0.36%) to 3,972.89. The Russell 2000 gained 24.72 points (1.13%) to finish at 2,220.52, and the Wilshire 5000 closed 241.35 points (0.58%) higher at 41,741.90.

The price of the 10-year Treasury note was down 2/32, increasing its yield to 1.747%. The price of the 30-year Treasury bond decreased 31/32, bringing its yield up to 2.419%.
Compliance
Plan Sponsor and Provider Must Still Face Claims in Suit Over Investments Switch
More claims were moved forward for the investment consultant than for the plan sponsor.
Products
AIG Retirement Announces New Mobile Enrollment Platform
Hires and plan-eligible employees will be able to complete plan enrollment from their mobile devices.
Small Talk
ON THIS DATE: In 1621, the Plymouth, Massachusetts, colonists created the first treaty with Native Americans. In 1748, the ruins of Pompeii were found. In 1789, the House of Representatives held its first full meeting in New York City. Frederick Muhlenberg of Pennsylvania was elected the first House Speaker. In 1865, at the Battle of Five Forks in Petersburg, Virginia, Gen. Robert E. Lee began his final offensive. In 1891, the William Wrigley Jr. Company was founded in Chicago. In 1929, Louie Marx introduced the Yo-Yo. In 1945, U.S. forces invaded Okinawa during World War II. It was the last campaign of World War II. In 1946, Weight Watchers was formed. In 1953, Congress created the Department of Health Education and Welfare. In 1970, President Richard Nixon signed legislation officially banning cigarette ads on television and radio. In 1976, Apple Computer began operations. In 1982, the U.S. transferred the Canal Zone to Panama. In 1991, the U.S. Supreme Court ruled that jurors could not be barred from serving due to their race.

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