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Insight on Plan Design & Investment Strategy Every Weekday
Ensuring Cybersecurity in a Remote Work Environment
Ensuring Cybersecurity in a Remote Work Environment
Extra measures need to be taken for HR and benefits staff working from home to keep employee and retirement plan data secure.
Parties in JPMorgan Self-Dealing Suit Reach Settlement
The lawsuit alleged plan fiduciaries acted for their own benefit by forcing participants to choose among costly investments managed by JPMorgan and BlackRock.
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Data and Research
Minor Saving Increases Can Achieve 75% Income Replacement
More TDF Underperformance Lawsuits Emerge Across US
Data and Research
Employers Face ‘Tension’ Between Health Care And Financial Wellness
Market Mirror
Wednesday, the Dow closed 779.71 points (3.44%) higher at 23,433.57, the NASDAQ was up 203.64 points (2.58%) at 8,090.90, and the S&P 500 increased 90.57 points (3.41%) to 2,749.98. The Russell 2000 climbed 52.49 points (4.61%) to 1,191.66, and the Wilshire 5000 gained 934.81 points (3.52%) to finish at 27,457.00.

The price of the 10-year Treasury note decreased 27/32, bringing its yield up to 0.765%. The price of the 30-year Treasury bond fell 1 32/32, increasing its yield to 1.374%.
Few Plan Sponsors Planning Retirement Benefit Cuts Right Now
Experts say firms are focused on making sure their business survives, hopeful that the economy will bounce back when the coronavirus is eradicated.
Monitoring DC Plans’ Company Stock Investments During Market Volatility
Decisions for 401(k) plan sponsors with company stock on their investment menus are different than those for sponsors of true ESOPs.
Nationwide Joins List of Providers Offering CARES Act-Related Help to Participants
The retirement plan provider is waiving fees and accelerating transaction processing for those taking withdrawals or loans related to the COVID-19 pandemic.
Small Talk
ON THIS DATE: In 1833, Peterborough, New Hampshire, opened the first municipally supported public library in the United States. In 1865, at Appomattox Court House, Virginia, Confederate General Robert E. Lee surrendered his 28,000 troops to Union General Ulysses S. Grant, effectively ending the American Civil War. In 1881, after a one-day trial, Billy the Kid was found guilty of murdering the Lincoln County, New Mexico, sheriff and was sentenced to hang. In 1913, the Brooklyn Dodgers’ Ebbets Field opened. In 1959, the National Aeronautics and Space Administration (NASA) introduced America’s first astronauts to the press: Scott Carpenter, L. Gordon Cooper Jr., John H. Glenn Jr., Virgil “Gus” Grissom, Walter Schirra Jr., Alan Shepard Jr. and Donald Slayton. In 1962, Puerto Rican actress Rita Moreno became the first Hispanic woman to win an Oscar, for her role of Anita in “West Side Story.” In 1963, Winston Churchill became the first honorary U.S. citizen. In 1998, the National Prisoner of War Museum opened in Andersonville, Georgia. In 2003, just three weeks into the invasion of Iraq, U.S. forces pulled down a bronze statue of Saddam Hussein in Baghdad’s Firdos Square, symbolizing the end of the Iraqi president’s reign and a major early victory for the United States.

Wishing everyone an enjoyable weekend and special celebrations. NEWDash will be back in your inbox Monday.
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