December 8th, 2022 Insight on Plan Design & Investment Strategy Every Weekday Benefits New Social Security Website Designed for Easier Use The new SSA.gov website seeks to help people access and consider this key source of retirement income. Deals and People Voya Merges Health, Wealth Under One Leader Voya’s Rob Grubka will oversee benefits and savings to more firmly tie together health, retirement and wealth management. Most Read Deals and People Voya Announces Acquisition of OneAmerica's Retirement Plan Business Benefits ERISA Advisory Council Delves Into QDIA Retirement Income Offerings Benefits Social Security COLA for 2025 Projected at 2.5% MARKET MIRROR Wednesday, the S&P 500 fell 7.34 points (0.19%) to 3,933.92, the Nasdaq fell 56.34 points (0.51%) to 10,958.55, and the Dow rose 1.58 points (0.0047%) to 33,597.92. The Russell 2000 lost 5.67 points (0.31%) to finish at 1,806.90, and the Wilshire 5000 closed down 88.99 points (0.23%) to 39,020.67. The price of the 10-year Treasury note was down 3/32, sending its yield to 3.425%. The price of the 30-year Treasury bond decreased 3/32, bringing its yield to 3.439%. Products Online Brokerage Robinhood Introduces Retirement Account Robinhood Retirement is now offering an IRA with a 1% company match from the stock-trading platform. Compliance Bill Would Simplify RILA Registration Process The RILA Act would require customized forms for RILA registration, intended to ease the process of marketing the annuity products.  EVENTS Plan Progress Webinar: Student Loan Debt Benefits Join PLANSPONSOR and a panel of experts on December 15 to learn what options are available for student loan debt benefits, their structure and cost; how student loan repayment help fits into an employer’s overall financial wellness benefits; what communications employees need about student loan debt and saving for retirement, and more.  ON THIS DATE  In 1776, during the American Revolution, George Washington’s retreating army crossed the Delaware River from New Jersey to Pennsylvania. In 1863, U.S. President Abraham Lincoln announced his plan for the Reconstruction of the South. In 1886, The American Federation of Labor was founded at a convention of union leaders in Columbus, Ohio. In 1941, the U.S. entered World War II when it declared war against Japan. The act came one day after the Japanese attacked Pearl Harbor. Britain and Canada also declared war on Japan. In 1943, Jim Morrison, who would go on to lead the American rock band, The Doors, was born. In 1952, on the show “I Love Lucy,” a pregnancy was acknowledged in a TV show for the first time. In 1980, Mark David Chapman shot John Lennon to death in New York City. In 1984, a jury in Roanoke, Virginia found Hustler magazine publisher Larry Flynt innocent of libeling Reverend Jerry Falwell with a parody advertisement. However Falwell was awarded $200,000 for emotional distress. In 1987, U.S. President Reagan and Soviet leader Mikhail S. Gorbachev signed a treaty agreeing to destroy their nations’ arsenals of intermediate-range nuclear missiles. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 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