April 11th, 2024 Insight on Plan Design & Investment Strategy Every Weekday Benefits PLANSPONSOR 2024 HSA Conference: Offering an HDHP Panelists discussed the complexities of high-deductible health plans and health savings accounts, emphasizing the importance of understanding a company’s employee demographics when offering these health benefits. Plan Sponsors Say Plan Upgrades for Retirees How some successful plan sponsors are changing their plans to meet today’s participants’ changing retirement needs. Most Read Benefits JPMorgan Sued Over Cost of Generic Drugs in Health Plan Investing Johns Hopkins Study: Private Equity, 401(k)s Do Not Mix 2025 Service Stars ECONOMIC EVENTS In March, the Consumer Price Index for all urban consumers increased 0.4%, seasonally adjusted, and rose 3.5% over the last 12 months, not seasonally adjusted, the Bureau of Labor Statistics reported. The index for all items less food and energy increased 0.4% in March; up 3.8% over the year. MARKET MIRROR Wednesday, the Dow fell 422.16 points (1.09%) to close at 38,461.51, the Nasdaq fell 136.28 points (0.84%) to close at 16,170.36 and the S&P 500 fell 49.27 points (0.95%) to close at 5,160.64. The Russell 2000 fell 52.41 points (2.52%) to close at 2,028.39, and the FT Wilshire 5000 Index fell 563.39 points (1.07%) to close at 51,869.82. The 10-year Treasury note fell 1 26/32, bringing the yield to 4.550%. The 30-year Treasury bond fell 1 31/32, bringing the yield to 4.624%. Administration Vermont Plans to Partner with Colorado on State Auto-IRA Retirement Plan Vermont said the state will negotiate an agreement this year to help establish the new program, VT Saves.   Compliance DOL Requests Approval of Settlement in Pennsylvania Mushroom Farm Case The action would appoint an independent administrator and distribute assets to the profit-sharing plan’s participants. SMALL TALK ON THIS DATE: In 1893, Dean Acheson—U.S. secretary of state from 1949 to 1953, adviser to four presidents, and the principal creator of U.S. foreign policy in the Cold War period—was born. In 1895, Cuban activist and patriot José Julián Martí landed in Cuba at the head of an invading force whose goal was to win independence from Spain. In 1951, President Harry S. Truman relieved General Douglas MacArthur of his command of U.N. and U.S. forces during the Korean War. In 1953, mathematician Andrew John Wiles, deviser of a proof of Fermat’s last theorem, was born in Cambridge, England. In 1961, the trial of Nazi leader Adolf Eichmann began in Jerusalem; eight months later it ended with the only death sentence ever imposed by an Israeli court. In 1970, Apollo 13 was launched from Cape Kennedy (now Cape Canaveral), Florida; although scheduled to be the third lunar landing, the mission was aborted after an oxygen tank exploded en route to the Moon. In 1979, Ugandan President Idi Amin fled the country as Tanzanian-led forces neared Kampala. In 2007, author Kurt Vonnegut died at age 84. In 2013, dancer Maria Tallchief died at age 88. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2025 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850