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2022 PLANSPONSOR National Conference
2022 PLANSPONSOR National Conference
Join us in-person in Orlando, June 8 – 10, as a unique cross-section of people in the retirement plan industry will share insights and experiences to help you create a better financial future for participants. You’ll hear from plan sponsors, advisers and providers about trends and practices in retirement plan design and investing, as well as legislative and regulatory updates. You’ll also have a special opportunity to network with your peers during a private, closed-door session. Registration is free for plan sponsors. Learn more about the conference and register today!
Ask the Experts
Special Rule Regarding Loans for Participants on Military Leave
“I recently read your Ask the Experts column indicating that plan sponsors could permit suspension of loan repayments during a military leave of absence. Are there any other rules involving loans for those on military leave that I should know about?”
Most Read
Social Security Administration Cannot Calculate 2024 COLA if Government Shuts Down
Data and Research
Student Loan Repayments Expected to Derail Employees’ Retirement Savings
Senate Committee Passes Bill Permitting Marijuana Industry Employers to Sponsor Retirement Plans
Market Mirror
Tuesday, the Dow lost 280.70 points (0.80%) to finish at 34,641.18, the Nasdaq fell 328.39 points (2.26%) to 14,204.17, and the S&P 500 closed 57.52 points (1.26%) lower at 4,525.12. The Russell 2000 decreased 49.40 points (2.36%) to 2,046.04, and the Wilshire 5000 dropped 702.63 points (1.52%) to 45,507.08.

The price of the 10-year Treasury note decreased 1 3/32, bringing its yield up to 2.555%. The price of the 30-year Treasury bond fell 2 5/32, increasing its yield to 2.579%.
401(k) Index Shows Participants Favored Fixed Income
Investors had net trading dollars move from equities to fixed income during more than two-thirds of the first quarter’s trading days.
Data and Research
Virtual Education Likely to Continue Even After ‘Return to Work’
A study reveals many advantages to virtual retirement and financial wellness meetings; plan sponsors should keep certain things in mind.
Small Talk
In 1789, the first U.S. Congress began regular sessions at the Federal Hall in New York City. In 1841, John Tyler was sworn in as president. Tyler was elected as William Harrison’s vice president earlier in the year and was suddenly thrust into the role of president when Harrison died one month into office. He was the first vice president to immediately assume the role of president after a sitting president’s untimely exit and set the precedent for succession thereafter. In 1896, the Olympic Games, a long-lost tradition of ancient Greece, were reborn in Athens 1,500 years after being banned by Roman Emperor Theodosius I. In 1917, Congress approved a declaration of war on Germany and entered World War I. In 1927, William P. MacCracken, Jr. earned license number ‘1’ when the Department of Commerce issued the first aviator’s license. In 1965, President Lyndon B. Johnson authorized the use of ground troops in combat operations in Vietnam. In 1987, Sugar Ray Leonard took the middleweight title from Marvin Hagler. In 1998, Citicorp and Travelers Group announced that they would be merging. The new creation, named Citigroup, was the largest financial-services conglomerate in the world.
WEDNESDAY WISDOM: “The whole point of getting things done is knowing what to leave undone.”—Oswald Chambers, Christian minister and teacher
Industry Intel Roundup—Featured Webcasts
PLANSPONSOR is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring webcasts sponsored by experienced providers in the industry. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance.
Debunking Mighty Powerful Medicare Myths
As your older employees think about retirement, they are faced with an onslaught of information about “Medicare.” Up to 30% of older workers and retirees report receiving solicitations each week—phone calls, mailings, emails. And never is the barrage of information more concentrated than during the fall Open Enrollment Period, October 15 through December 7. Trying to sift through the mountain of conflicting information is nearly impossible for those without expertise in health insurance. So many turn to friends and family who have no more expertise than that individual. The result is we end up with a complex environment riddled with outrageous myths and misinformation. In this webinar, you’ll find out more than you thought you needed to know about Medicare so you can better help your employees who will need to start Medicare soon. And you’ll see why offering a high-deductible health plan with an HSA may be a key to debunking these myths. Join us to learn more about the myths and misunderstandings surrounding: 1. The real size of health care costs in retirement 2. The truth behind those obnoxious Medicare Advantage ads 3. The non-stop prescription drug ads We’ll wrap up with a discussion about why HSAs may be the answer to the problems your employees are facing as they enter Medicare—and it’s not because HSAs are triple-tax-advantaged (though that’s nice, too) Join us for a lively webinar jam-packed with information you can use for your employees and your own personal shock as you come face-to-face with future Medicare decisions.
Supporting employees throughout their retirement journey
Making the decision to retire is more complex than ever and we understand that the retirement journey is different for everyone. From preparing for and investing in retirement, to generating income while living in retirement – learn how you can better support your employees throughout their retirement journey. This webinar will highlight: • The latest retirement income trends/insights • Ways your DC plan can help better support participants transitioning to retirement including considerations for guaranteed income solutions • Fidelity’s Retirement Income Services including the new Guaranteed Income Direct solution – which gives participants the ability to turn their retirement savings into steady lifetime income
Employer Health Benefits: Blueprints for tackling high costs and clinical navigation
Much more than ever is being asked of employers in terms of the workplace benefits they offer— including health benefits. Fidelity Health’s Employer Health Benefits Blueprint collection draws on the latest research and thinking to uncover ways employers can help employees stay healthy and productive while controlling costs. This webinar will uncover strategies for managing specialty drug costs, addressing high-cost claims and claimants, and helping employees navigate a complex clinical world. Learning goals: • Better understand how to evaluate the right partners that can help address specialty drug prices. • Recognize the value of a proactive and preventative approach could help employers minimize health costs by anticipating and circumventing costly conditions. • Develop a strategy for helping employees navigate the health system.
5 Social Security Stumbling Blocks Tripping Up Employees
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