April 7th, 2020 Insight on Plan Design & Investment Strategy Every Weekday Administration Communicating with Employees During COVID-19 Sources suggest topics to address with retirement plan participants and methods to do so in this environment of limited face-to-face contact. Benefits Suggestions for Making Holders of HSAs Into Investors A study suggests HSA holders invest as they become more educated or as their account balances grow. Most Read Benefits How Plan Sponsors Can Shift Focus to Decumulation Benefits Robust Retirement Tiers Can Help Keep Participants In-Plan Interest Grows Among Employers in Retaining Retiree Assets In-Plan Market Mirror Yesterday, the Dow gained 1,627.46 points (7.73%) to finish at 22,679.99, the NASDAQ closed 540.16 points (7.33%) higher at 7,913.24, and the S&P 500 was up 175.03 points (7.03%) at 2,663.68. The Russell 2000 climbed 86.72 points (8.24%) to 1,138.78, and the Wilshire 5000 increased 1,796.16 points (7.26%) to 26,532.42. The price of the 10-year Treasury note decreased 30/32, bringing its yield up to 0.675%. The price of the 30-year Treasury bond fell 1 30/32, increasing its yield to 1.281%. Opinions Barry’s Pickings: Things That Change and Don’t Change Back … Michael Barry, president of O3 Plan Advisory Services LLC, contemplates change in the markets and infrastructure brought on by the coronavirus pandemic and what may not—or should not—change back. Products Principal the Latest Provider to Waive Retirement Plan Transaction Fees It is also waiving plan sponsors’ fees for certain retirement plan amendments and halting rate increases for group benefits. Mercer Offers Cost Projection Framework for Employers With Self-Funded Health Benefits Only 5% of employers with self-funded health insurance already have a financial impact assumption, while 21% say they have begun modelling it, according to Mercer. Small Talk ON THIS DATE: In 1798, the territory of Mississippi was organized. In 1862, Union General Ulysses S. Grant defeated Confederates at the Battle of Shiloh, Tennessee. In 1933, Prohibition ended in the United States. In 1945, the Japanese battleship Yamato, the world’s largest battleship, was sunk during the battle for Okinawa. In 1948, the musical “South Pacific” by Rogers and Hammerstein debuted on Broadway. In 1948, the United Nations’ World Health Organization began operations. In 1963, at the age of 23, Jack Nicklaus became the youngest golfer to win the Green Jacket at the Masters Tournament. In 1970, actor John Wayne won his first—and only—acting Academy Award, for his role in “True Grit.” In 2000, President Bill Clinton signed the Senior Citizens Freedom to Work Act. The bill reversed a Depression-era law and allows senior citizens to earn money without losing Social Security retirement benefits. TRIVIAL PURSUITS: Is watermelon a fruit or a vegetable? Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox!

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