December 11th, 2024 Insight on Plan Design & Investment Strategy Every Weekday Data and Research Plan Sponsors Understand Need for Guaranteed Income, but Lack ‘Annuity Fluency’ Employers not planning to offer an in-plan annuity option cite a lack of understanding as their top barrier for implementing a solution, according to a new survey from provider TIAA. Investing US Corporate Pension Funded Status Rose in November Strong markets offset a rise in liabilities for the month, creating the potential for funded status to be up overall in 2024. Most Read Compliance American Trust Notifies Participants of Data Breach Compliance American Airlines Failed to Protect Workers’ 401(k)s in ESG Case, Federal Court Finds Compliance Treasury, IRS Issue Proposed Regulations on SECURE 2.0 Provisions MARKET MIRROR Tuesday, the Dow fell 154.10 points (0.35%) to close at 44,247.83, the Nasdaq fell 49.45 points (0.25%) to close at 19,687.24 and the S&P 500 fell 17.94 points (0.30%) to close at 6,034.91. The Russell 2000 fell 10.06 points (0.42%) to close at 2,392.77, and the FT Wilshire 5000 Index fell 227.38 points (0.37%) to close at 60,774.16. The 10-year Treasury note decreased 2/32, bringing the yield to 4.225%. The 30-year Treasury bond decreased 4/32, bringing the yield to 4.414%. Compliance IRS Sends Final Reminder for Retirees to Take 2024 RMDs Those who are at least 73 years old must take their IRA and defined contribution plan distributions before the end of the year. Ask the Experts How Do True-Up Contributions Work? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations. SMALL TALK ON THIS DATE: In 1936, Edward VIII, failing to win acceptance for his desire to marry American divorcée Wallis Warfield Simpson, became the only British sovereign to voluntary resign the crown, and his abdication was formally approved. In 1972, Apollo 17 astronauts Eugene Cernan and Harrison Schmitt became the last humans to walk on the Moon. In 1981, boxer Muhammad Ali fought his last professional bout, losing to Trevor Berbick in a decision. In 1994, Russian troops invaded Chechnya in an effort to suppress a rebel Chechen government led by Dzhokhar Dudayev. In 1998, the Judiciary Committee of the U.S. House of Representatives recommended three articles of impeachment against President Bill Clinton, to which would be added a fourth article the following day, for actions taken in connection with his affair with White House intern Monica Lewinsky. In 2012, Indian sitarist Ravi Shankar, influential in stimulating Western appreciation of Indian music, died at age 92. Industry Intel Roundup—Featured White Paper PLANSPONSOR is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring white papers offering key insights and analysis about the industry. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance. SPONSORED BY: Morningstar Retirement RSAA: Increased Access, Worse Retirement Outcomes Overall An Assessment of the Retirement Savings for Americans Act Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2025 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