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PLANSPONSOR NEWSDASH LOGO December 19th, 2019
Insight on Plan Design & Investment Strategy Every Weekday
Benefits
Older Gig Workers Left Hanging Without Benefits
Older Gig Workers Left Hanging Without Benefits
The number of older workers in the gig economy is growing, creating a need for health and retirement benefit solutions.
Administration, Data and Research
Helping People Focus on Financial Planning in the New Year
Few people are making financial planning their top priority for 2020, Allianz Life found, but the firm's Kelly LaVigne offers suggestions for what plan sponsors can do to get employees focused.
Most Read

2020 Defined Benefit Administration Survey
Ask the Experts
Clarification of Loan Repayment Delay Provisions of CARES Act
Compliance
Use of Fidelity Active Management Funds Questioned in Court
Could New DB Plan Designs Solve for Retirement Savings Inadequacy and Inequality?
Recent studies find 401(k)s have increased retirement savings gaps among demographic groups, and those in 401(k)s have not met their savings potential, while DB plans offer more equality.
SPONSORED BY: Ayco
Tax Matters: An executive guide to navigating year-end tax planning
Download now.
Market Mirror
Wednesday, the Dow was down 27.88 points (0.10%) at 28,239.28, the NASDAQ increased 4.38 points (0.05%) to 8,827.74, and the S&P 500 slipped 1.38 points (0.04%) to 3,191.14. The Russell 2000 closed 4.17 points (0.25%) higher at 1,661.73, and the Wilshire 5000 was up 4.69 points (0.01%) at 32,508.38.

The price of the 10-year Treasury note was down 4/32, increasing its yield to 1.928%. The price of the 30-year Treasury bond fell 1 2/32, bringing its yield up to 2.363%.
Compliance
SECURE Act Progress Raises Enforcement Timeline Questions
The SECURE Act’s establishment of an in-plan annuity selection safe harbor and the development of open MEPs will take time to unfold—but perhaps not as much as some expect.
Products
T. Rowe Price Pairs HSA With Retirement Plans
ConnectYourCare's health savings account (HSA) solution will be offered within T. Rowe Price's retirement savings plan recordkeeping platform.
Small Talk
ON THIS DATE: In 1732, Benjamin Franklin began publishing “Poor Richard’s Almanac.” In 1777, General George Washington led his army of about 11,000 men to Valley Forge, Pennsylvania, to camp for the winter. In 1843, Charles Dickens’ “A Christmas Carol” was first published in England. In 1903, the Williamsburg Bridge opened in New York City. It was the largest suspension bridge on Earth and remained the largest until 1924. It was also the first major suspension bridge to use steel towers to support the main cable. In 1917, the first games of the new National Hockey League (NHL) were played. Five teams made up the league: Toronto Arenas, Ottawa Senators, Quebec Bulldogs, the Montreal Canadiens and the Montreal Wanderers. In 1918, Robert Ripley began his “Believe It or Not” column in “The New York Globe.” In 1959, Walter Williams, said to be the last surviving veteran of the U.S. Civil War, died in Houston, Texas, at the age of 117. In 1972, Apollo 17 splashed down in the Pacific, ending the Apollo program of manned lunar landings. In 1985, ABC Sports announced that it was severing ties with Howard Cosell and released him from all TV commitments. In 1990, Bo Jackson (Los Angeles Raiders) became the first athlete to be chosen for All Star Games in two sports. In 1997, “Titanic” opened in American movie theaters. In 1998, President Bill Clinton was impeached on two charges of perjury and obstruction of justice by the U.S. House of Representatives. In 2008, President George W. Bush signed a $17.4 billion rescue package of loans for ailing auto makers General Motors and Chrysler.
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