Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
December 31st, 2014
Share Your Success
Plan sponsors, do you have a success story to share? Have you implemented a new plan feature or educational campaign, or perhaps added a new product or service offering to your retirement plan that has resulted in improved participant engagement, participant outcomes or plan administration? If so, we’d like to talk with you about it for a feature story online that may also be included in an issue of our monthly magazine. If you’d like to share with your peers what has worked for you, please email a summary of your success story to rmoore@assetinternational.com.  
Benefits & Administration
A Path to Roth IRAs for High Earners?
Under Roth individual retirement account (IRA) rules, only singles whose modified adjusted gross income (MAGI) is $131,000 or less in 2015, or married couples whose combined MAGI is $193,000 or less, can contribute to a Roth IRA. However, a couple of months ago, the Internal Revenue Service (IRS) announced a rule that would allow certain high earners to earmark some of their savings as Roth after-tax amounts, according to a speaker at a webinar sponsored by retirement plan advisory firm Cafaro Greenleaf.  Read more >
Sponsored message from SunGard
Becoming the Provider of Choice – The Evolution of Service Models in Technology 
Improving outcomes for American workers is a key focus for advisers, sponsors and participants. SunGard’s deep domain expertise helps recordkeepers provide smarter operations at reduced costs while supporting agile growth. Learn more about SunGard’s managed services and solutions.   Read more >
Products, Deals & People
TIAA-CREF Offers Framework for Assessing Fees
TIAA-CREF released a new paper for retirement plan sponsors titled “Deciding What is Reasonable: Assessing Fees Using Value and Outcomes.” The paper recommends that plan sponsors follow a four-step process.   Read more >
MOST READ ARTICLES
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2021 Recordkeeping Survey
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Giving Employees the Financial Wellness Help They Want
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DOL Clears Up Timing for Lifetime Income Illustrations
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TRIVIAL PURSUITS: What do the M’s stand for in M&Ms?
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2020 Recordkeeping Survey
Segal Offers Reporting Calendars for Plan Sponsors
The latest version of The Segal Company’s annual calendar for single-employer plans summarizes reporting and disclosure requirements for 2015. The calendar is an at-a-glance compilation of forms, schedules and notices that retirement and health benefit plan sponsors must file with each agency or organization—the Department of Health and Human Services (HHS), the Department of Labor (DOL), the Internal Revenue Service (IRS) and the Pension Benefit Guaranty Corp. (PBGC)—with a separate list of disclosures required by the Patient Protection and Affordable Care Act (ACA).   Read more >
Market Mirror

Yesterday, the Dow was down 55.16 points (0.31%) at 17,983.07, the NASDAQ fell 29.47 points (0.61%) to 4,777.44, and the S&P 500 lost 10.23 points (0.49%) to finish at 2,080.34. The Russell 2000 decreased 6.06 points (0.50%) to 1,213.05, and the Wilshire 5000 closed 101.35 points (0.46%) lower at 21,876.17.

 

On the NYSE, 3.2 billion shares traded, with a 1.6 to 1 ratio of decliners to advancers. On the NASDAQ, 2.7 billion shares changed hands, with 1.4 declining issues for every advancing issue.

 

The price of the 10-year Treasury note was up 4/32, bringing its yield down to 2.189%. The price of the 30-year Treasury bond increased 10/32, decreasing its yield to 2.758%.

PLANSPONSOR Research
PLANSPONSOR 2014 Consultant Buyer’s Guide
The 2014 Consultant Buyer’s Guide lists consultants to retirement plans, highlighting what type of consulting they do and what type of clients they serve.   Read more >
Investing
Still Potential for Growth of ETF Use in 401(k)s
Chuck Self, chief investment officer (CIO) and chief operating officer (COO) at iSectors LLC, an exchange-traded fund (ETF) strategist that provides model portfolios to 401(k) plans, admits that ETFs remain a small portion of the overall defined contribution (DC) investing pool, but he is optimistic about the future of the product class among retirement investors—especially those working with specialist advisers. “The whole idea of getting ETFs into 401(k) plans was purely a conversation until a few recordkeepers actually started to allow ETFs to be choices on their platforms,” he tells PLANSPONSOR. “It is a relatively recent event that has occurred in just the past few years.”   Read more >
Small Talk
For the environmentally conscious, here are 10 ways to reuse your Christmas tree, from the Mother Nature Network.   Read more >
Nearly half (49%) of respondents to the 6th annual New Year’s Resolution Survey from Allianz Life Insurance Company of North America say health/wellness is the most important focus area for the upcoming year, up from 43% in 2013. Only 30% of respondents chose financial stability as their top focus for 2015. This lower level of interest in finances is consistent with the decline in the percentage of Americans who said they will include financial planning in their New Year’s resolutions for the upcoming year.   Read more >
ON THIS DATE: In 1879, in the first public demonstration of his incandescent lightbulb, American inventor Thomas Alva Edison lit up a street in Menlo Park, New Jersey. In 1929, Guy Lombardo and his Royal Canadians played “Auld Lang Syne” as a New Year’s Eve song for the first time. In 1972, Hall of Fame baseball player Roberto Clemente was killed along with four others when the cargo plane in which he was traveling crashed off the coast of Puerto Rico. In 1985, former teen idol Rick Nelson died in a plane crash in De Kalb, Texas. In 1999, the United States, in accordance with the Torrijos-Carter Treaties, officially handed over control of the Panama Canal, putting the strategic waterway into Panamanian hands for the first time. 
WEDNESDAY WISDOM: “No one’s ever achieved financial fitness with a January resolution that’s abandoned by February.” —Suze Orman, financial adviser and TV personality
Happy New Year, everyone! NewsDash will be back in your inbox Friday.  
Share the good news with a friend! Pass the Dash along – and tell your friends/associates they can sign up for their own copy.   Read more >

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Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

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