April 26th, 2022 Insight on Plan Design & Investment Strategy Every Weekday Compliance Some New RMD Rules Creating Confusion for Participants and Beneficiaries Retirement plan sponsors cannot give advice, but they’ll likely get questions about distributions from inherited accounts. Industry Analysis What They Need Plan sponsors might find their workers want better financial benefits, as at least one recent survey suggests. Most Read Administration ERISA Industry Committee Seeks Additional IRS Guidance on Student Loan Matching Data and Research Small, Midsize Employers Express Positive Experience Offering Pooled Plans Deals and People Consultant NEPC Sells Majority Stake to Advisory Firm Hightower Market Mirror Yesterday, the Dow gained 238.06 points (0.70%) to finish at 34,049.46, the Nasdaq closed 165.56 points (1.29%) higher at 13,004.85, and the S&P 500 increased 24.34 points (0.57%) to 4,296.12. The Russell 2000 was up 13.54 points (0.70%) at 1,954.20, and the Wilshire 5000 climbed 280.87 points (0.66%) to 43,089.59. The price of the 10-year Treasury note was up 6/32, decreasing its yield to 2.822%. The price of the 30-year Treasury bond climbed 1 2/32, bringing its yield down to 2.884%. Compliance IRS Publishes Additional 403(b) Plan Document Guidance An information package contains a listing of required modifications and sample language for nearly any provision a plan might include. Small Talk ON THIS DATE: In 1514, Copernicus made his first observations of Saturn. In 1952, Patty Berg set a new record for major women’s golf competition when she shot a 64 over 18 holes in a tournament in Richmond, California. In 1954, the Salk polio vaccine field trials, involving 1.8 million children, began at the Franklin Sherman Elementary School in McLean, Virginia. In 1986, the world’s worst nuclear power plant accident occurred at the Chernobyl nuclear power station in the Soviet Union. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 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