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Insight on Plan Design & Investment Strategy Every Weekday
Considering Digital Health Solutions to Reduce Benefits Spend
Employers see a business case for investing more in health and well-being, but overall cost savings is a benefit as well.
Pacific Life Introduces Retirement Income Translator
The tool educates individuals about the projected monthly value of their retirement savings and the potential benefits of protected lifetime retirement income through an annuity.
Most Read
House Committee Approves Bill Aimed at Increasing Retirement Plan Coverage
Data and Research
Working Past Age 65 May Seem Like a Great Idea …
Employees Don’t Want ‘All or Nothing’ When It Comes to Guaranteed Lifetime Income
Market Mirror
Tuesday, the Dow was virtually unchanged at 29,276.34, the NASDAQ was up 10.55 points (0.11%) at 9,638.94, and the S&P 500 increased 5.66 points (0.17%) to 3,357.75. The Russell 2000 closed 9.85 points (0.59%) higher at 1,677.52, and the Wilshire 5000 gained 100.80 points (0.30%) to finish at 34,170.98.

The price of the 10-year Treasury note was down 2/32, increasing its yield to 1.596%. The price of the 30-year Treasury bond decreased 27/32, bringing its yield up to 2.063%.
Roth Is Not Just a Young Man’s Game
Erica K. Johnson, BOK Financial, discusses why Roth retirement plan contributions may be beneficial to a wider group of employees than previously thought.
Ask the Experts
Tips to Reduce Participant Count to Avoid Financial Audit Requirement
“We are a small nonprofit that sponsors an ERISA 403(b) plan. Until now our plan has been small enough to avoid the plan financial audit requirement, but, due to a lot of former employees retaining balances in the plan, we will now have more than 100 participants on 1/1/2020. Are there any steps I can take to reduce the number of participants in the plan?”
Small Talk
While nearly all senior managers surveyed by Accountemps (91%) said organizations have loosened up over the past decade, certain behaviors are still taboo, the most common being using foul language (54%). However, among things more accepted are visible tattoos and non-traditional hair colors. Managers who said the workplace has become more relaxed cited two top reasons.
ON THIS DATE: In 1870, in the Utah Territory, women gained the right to vote. In 1878, Frederick W. Thayer patented the baseball catcher’s mask. In 1892, President Abraham Lincoln’s birthday was declared to be a national holiday. In 1909, the National Association for the Advancement of Colored People (NAACP) was founded. In 1915, the cornerstone of the Lincoln Memorial was laid in Washington, D.C. In 1924, President Calvin Coolidge made the first presidential political speech on radio. In 1971, James Cash (J.C.) Penney died at the age of 95. The company closed for business for one-half day as a memorial to the company’s founder. In 1973, American prisoners of war were released for the first time during the Vietnam conflict. In 1998, a U.S. federal judge declared that the presidential line-item veto was unconstitutional. In 1999, President Bill Clinton was acquitted by the U.S. Senate on two impeachment articles. The charges were perjury and obstruction of justice. In 2002, Kenneth Lay, former Enron CEO, exercised his constitutional rights and refused to testify to Congress about the collapse of Enron.
WEDNESDAY WISDOM: “With the new day comes new strength and new thoughts.”—Eleanor Roosevelt
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