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Insight on Plan Design & Investment Strategy Every Weekday
Considering New Uses for SDBAs
Considering New Uses for SDBAs
Self-directed brokerage accounts could be the answer for meeting participants’ ESG investing desires and maybe guaranteed lifetime income needs.
From Washington And the Courts
SCOTUS rules for the ACA; the DOL starts checking plans’ cybersecurity procedures; the IRS prolongs physical presence relief; and other timely items.
Most Read
What Participants Want From Employers’ Retirement Plan Websites
2021 Recordkeeping Survey
Inside Angle
DOL’s Next Moves
Getting the Most Value From HSAs
Employees believe an HSA program benefit will ease their stress and improve their well-being.
Economic Events
Construction spending during June was estimated at a seasonally adjusted annual rate of $1,552.2 billion, 0.1% above the revised May estimate of $1,551.2 billion, the Census Bureau reported. The June figure is 8.2% above the June 2020 estimate of $1,435.0 billion. During the first six months of this year, construction spending amounted to $736.5 billion, 5.4% above the $698.8 billion for the same period in 2020.
Market Mirror
Monday, the Dow lost 97.31 points (0.28%) to finish at 34,838.16, the Nasdaq closed 8.39 points (0.06%) higher at 14,681.07, and the S&P 500 decreased 8.10 points (0.18%) to 4,387.16. The Russell 2000 was down 10.75 points (0.48%) at 2,215.50, and the Wilshire 5000 fell 59.63 points (0.13%) to 45,648.37.

The price of the 10-year Treasury note was up 27/32, decreasing its yield to 1.174%. The price of the 30-year Treasury bond increased 32/32, bringing its yield down to 1.852%.
Data and Research
Does Fear, or Encouragement, Prompt More Plan Participants to Act?
Providing both a view of retirement readiness progress or a shortfall encourages participants to engage with their savings, but shortfall messages seem to do so more, a study suggests.
D&I Efforts, ESG Investing and More Lawsuits Are Among 2021 DC Trends
Janus Henderson Investors reviewed study findings, recent legislation and litigation during a webinar.
Small Talk
ON THIS DATE: In 1492, from the Spanish port of Palos, Italian explorer Christopher Columbus set sail in command of three ships—the Santa Maria, the Pinta and the Nina—on a journey to find a western sea route to China, India and the fabled gold and spice islands of Asia. In 1900, Firestone Tire & Rubber Co. was founded. In 1923, Calvin Coolidge was sworn in as the 30th president of the United States, hours after the death of President Warren G. Harding. In 1936, Jesse Owens won the first of his four Olympic gold medals. In 1949, the National Basketball Association (NBA) was formed by the merger between the Basketball Association of America and the National Basketball League. In 1958, the U.S. nuclear submarine Nautilus accomplished the first undersea voyage to the geographic North Pole. In 1981, U.S. air traffic controllers with PATCO, the Professional Air Traffic Controllers Organization, went on strike. They were fired just as President Ronald Reagan had warned. In 1992, the Senate voted to restrict and eventually end the testing of nuclear weapons.
TUESDAY TRIVIA: What is the origin of the word “muscle?”
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