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PLANSPONSOR NEWSDASH LOGO December 7th, 2022
Insight on Plan Design & Investment Strategy Every Weekday
Compliance
Why Cybersecurity for Retirement Plans Is More Important Than Ever
Why Cybersecurity for Retirement Plans Is More Important Than Ever
Plan sponsors need to ensure retirement plan participants are safe from escalating attacks by hackers that go after their savings, according to cybersecurity experts.
Administration
Plan Sponsors With 401(k) Advisement May See Higher Worker Participation
Plan sponsors providing a 401(k) benefit share their thoughts on working with a plan adviser as well as their top concerns.
Most Read
Compliance
Bills to Nullify the Retirement Security Rule Proposed in Congress
Administration
Dealing with Stress, Burnout in the HR, Benefits Department
Deals and People
BlackRock’s Retirement Head Ackerley Moving to Adviser Role
Market Mirror
Tuesday, the S&P 500 decreased 57.58 points (1.44%) to 3,941.26, the Nasdaq fell 225.05 points (2.00%) to 11,014.89, and the Dow was down 350.76 points (1.03%) at 33,596.34. The Russell 2000 lost 27.65 points (1.50%) to finish at 1,812.58, and the Wilshire 5000 closed 585.45 points (1.47%) lower at 39,109.66.

The price of the 10-year Treasury note was up 4/32, decreasing its yield to 3.534%. The price of the 30-year Treasury bond increased 30/32, bringing its yield down to 3.546%.
Ask the Experts
Are There Annual or Lifetime Limitations on Roth Conversions?
“Our ERISA 403(b) plan allows for both Roth deferrals and Roth conversions. Are there any restrictions as to the number of Roth conversions a participant may complete in a year, over one’s lifetime, etc.?”
Insights
Say What?
“The idea that more retirement saving is always better—regardless of age and circumstance—needs to be challenged,” writes economist Sita Slavov.
Small Talk
ON THIS DATE: In 1787, Delaware became the first state to ratify the Constitution. In 1796, John Adams was elected to be the second president of the United States. In 1836, Martin Van Buren was elected the eighth president of the United States. In 1925, Swimmer Johnny Weissmuller set a world record in the 150-yard freestyle with a time of 1 minute, 25 and 2/5 seconds. In 1926, the gas operated refrigerator was patented by The Electrolux Servel Corporation. In 1941, Pearl Harbor was bombed, drawing the U.S. into World War II. In 1972, Apollo 17 was launched at Cape Canaveral. It was the last U.S. moon mission. In 1987, Soviet leader Mikhail S. Gorbachev set foot on American soil for the first time. He had come to the U.S. for a Washington summit with President Ronald Reagan. In 1989, East Germany’s Communist Party agreed to cooperate with the plan for free elections and a revised constitution.
Industry Intel Roundup—Featured Webinars
PLANSPONSOR is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring webinars sponsored by experienced providers in the industry. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance.
SPONSORED BY: Inspira Financial | May 21, 2024
The growing value of HSAs for every generation
September 19, 2024
Financial Wellness
Plan sponsors, advisers and policy experts will offer suggestions for how best to define and measure the financial wellness of participants and drive financial confidence. The panel will also review how they evaluate the myriad new offerings appearing as a result of the voluntary benefits provisions of SECURE 2.0. Attendees will come away with tangible metrics for determining which programs will offer the most useful and valuable programs for their employees.
December 12, 2024
Plan Benchmarking
How do plan sponsors determine the right goals for their plans or measure plan success? What tools are available to benchmark retirement plans? What should plans be measuring and how often? What kinds of actions or improvements can measurements drive? These questions and more will be answered in PLANSPONSOR’s final editorial webinar of 2024.
SPONSORED BY: Allianz Life Insurance Company of North America | April 30, 2024
Retirement Income Roundtable
Growing concerns around retirement security have become increasingly prevalent in recent years. With low defined contribution plan account balances and economic uncertainties, plan participants are understandably worried about their financial future. Join PLANSPONSOR for a roundtable discussion in partnership with Allianz Life Insurance Company of North America (Allianz) during which industry professionals will share their insights on the following topics: • Recent research regarding plan participant attitudes towards retirement income • The importance of retirement income solutions in DC plans • Common myths and misconceptions about annuities and other income solutions • Guidance for identifying and implementing retirement income strategies and solutions During this event, speakers will provide valuable information and knowledge to help DC plan sponsors make informed decisions regarding retirement income for their plan. This content does not apply in the state of New York. Allianz Life Insurance Company of North America is not affiliated with PLANSPONSOR Magazine. For institutional use only – not for use with the public.
SPONSORED BY: Corebridge Financial | April 25, 2024
Constructing Retirement Paychecks – 7 steps for employers to help employees
Many employees look forward to a well-earned retirement. Unfortunately, many are going to find they are not as financially prepared as they are physically and mentally prepared for the realities of retirement. It’s shocking when their employer paycheck stops. Now, each employee is on the hook to construct their own retirement paycheck. For the next 20, 25 or 30+ years. That is a tall order. Most people struggle with the intricacies of dealing with so many different types of accounts and investments. They don’t understand the complex rules for retirees. And they don’t know where to turn to get clear, concise, correct information. In short, employees need help from their trusted employer to build their retirement paycheck. How prepared are you to help answer employees’ questions such as: • How can employees stretch their savings long enough to pay for retirement? • When should employees start pensions, Social Security, and annuity payouts? • Why is Medicare so different from employer health insurance? Employees are raising their hands for help. Can you help more employees become more successful retirees? In this session, our guest speaker will cover 7 practical steps employers can take to help prepare employees at every age to construct a paycheck in retirement.
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