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Insight on Plan Design & Investment Strategy Every Weekday
Having an IPS Doesn’t Necessarily Increase Plan Sponsor Liability
Having an IPS Doesn’t Necessarily Increase Plan Sponsor Liability
A properly drafted investment policy statement can offer guidelines and protection for plan sponsors—if it is followed.
Retirement Benefits Moving Beyond Just a Retirement Plan
Holistic retirement programs, which include financial wellness, health and voluntary benefits, put employees in a better position to reach their long-term goals.
Most Read
Data and Research
Health Care in Retirement Will Cost an Average of $315,000
Deals and People
Retirement Industry People Moves
Data and Research
ESOP Participants Benefit From Higher Retirement Savings
Market Mirror
Tuesday, the Dow was down 9.93 points (0.03%) at 31,375.83, the NASDAQ increased 20.06 points (0.14%) to 14,007.70, and the S&P 500 decreased 4.36 points (0.11%) to 3,911.23. The Russell 2000 closed 9.24 points (0.40%) higher at 2,299.00, and the Wilshire 5000 was up 18.73 points (0.04%) at 41,846.96.

The prices of the 10-year Treasury note and 30-year Treasury bond were unchanged, with their yields at 1.164% and 1.955%, respectively.
Ask the Experts
What If a Participant Received a CRD After December 31?
“We permitted coronavirus related distributions (CRDs) under the CARES Act in our 403(b) plan. We had a participant who completed her paperwork before the recordkeeper-imposed deadline to complete CRDs prior to year-end. However, she did not actually receive her check until January 5th due to a question the recordkeeper had about the distribution. Since the year-end deadline for CRDs was not extended, could I have a compliance issue here?”
ERISA Examination
Another Line of Defense
When following a prudent process does not defend a claim.
Small Talk
ON THIS DATE: In 1763, the Seven Years’ War, a global conflict known in America as the French and Indian War, ended with the signing of the Treaty of Paris by France, Great Britain and Spain. In 1863, in Virginia, the first fire extinguisher patent was issued to Alanson Crane. In 1870, the YWCA was founded in New York City. In 1957, Laura Ingalls Wilder, author of the best-selling “Little House” series of children’s novels based on her childhood on the American frontier, died at age 90 in Mansfield, Missouri. In 1989, Ron Brown became the first African American to head a major U.S. political party when he was elected chairman of the Democratic National Committee. In 1996, after three hours, world chess champion Garry Kasparov lost the first game of a six-game match against Deep Blue, an IBM computer capable of evaluating 200 million moves per second. In 2014, Shirley Temple Black, who as a child in the 1930s became one of Hollywood’s most successful stars, died at her Woodside, California, home at age 85.
WEDNESDAY WISDOM: “In seed time learn, in harvest teach, in winter enjoy.”—William Blake, English poet, painter and printmaker
Industry Intel Roundup—Thought Leadership
PLANSPONSOR is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring content from thought leadership authorities. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance.
Considering COLI in a Tight Labor Market
Interview with David Mohr, Head of COLI Sales and Distribution at Massachusetts Mutual Life Insurance Company (MassMutual)
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