Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
February 2nd, 2016
Benefits & Administration
Student Loan Help Ranks High with Retirement Benefits
Today’s job seekers are not just interested in whether a prospective employer offers a retirement and health plan, along with a paid vacation; they are looking for help from an employer paying off their student loans, a survey finds.Read more >
Benefits No Longer Driving Retirement Decisions
As employer retirement and health care benefits become less generous (and early retirement incentives become rarer), employers wield less direct influence over their employees’ retirement decisions, according to a survey.Read more >
IRS Notice Defines Retirement Plan Tax Distribution Exceptions
ERISA Advisory Council Explores Annuity Default Options in DC Plans
Ask the Experts
Who Is Eligible for Special Age 60-63 Catch-up Contributions?
Does Health Capacity Support Desire to Retire Later?
Researchers analyzed whether it is realistic to expect that older individuals will be able to work longer.Read more >
Economic Events

The U.S. Census Bureau of the Department of Commerce announced that construction spending during December 2015 was estimated at a seasonally adjusted annual rate of $1,116.6 billion, 0.1% above the revised November estimate of $1,116.0 billion. The December figure is 8.2% above the December 2014 estimate of $1,031.6 billion. The value of construction in 2015 was $1,097.3 billion, 10.5% above the $993.4 billion spent in 2014.

Sponsored message from MetLife
Looking for alternatives for your defined contribution retirement plan?
Visit the Stable Value Educational Hub.Read more >
Market Mirror

Monday, the Dow closed 17.12 points (0.10%) lower at 16,449.18, the NASDAQ was up 6.41 points (0.14%) at 4,620.37, and the S&P 500 decreased by 0.84 (0.04%) to 1,939.38. The Russell 2000 decreased 3.00 points (0.29%) to 1,032.38, and the Wilshire 5000 was down 11.97 points (0.06%) at 19,800.50.

On the NYSE, 3.1 billion shares changed hands, and on the NASDAQ, 2.7 billion shares traded, with a slight lead for decliners on both exchanges.

The price of the 10-year Treasury note was down 8/32, increasing its yield to 1.950%. The price of the 30-year Treasury bond decreased 12/32, bringing its yield up to 2.764%.
Webinar About Required Retirement Plan Changes
The Internal Revenue Service (IRS) is hosting a webinar, Retirement Plans 2015 Cumulative List of Changes Highlights.Read more >
IRS Issues Guidance for Mid-Year Safe Harbor Plan Changes
The Internal Revenue Service (IRS) issued Notice 2016-16 which provides guidance about mid-year changes to a safe harbor plan under Sections 401(k) and 401(m) of the Internal Revenue Code.Read more >
Lessons from a TDF Portfolio Manager
Dan Oldroyd with J.P. Morgan provides target-date fund (TDF) investment tips for retirement plan fiduciaries.Read more >
Small Talk
ON THIS DATE: In 1848, the Mexican War was ended with the signing of the Treaty of Guadalupe Hidalgo. The treaty turned over portions of land to the U.S., including Texas, New Mexico, Nevada, Utah, Arizona, California and parts of Colorado and Wyoming. The U.S. gave Mexico $15,000,000 and assumed responsibility of all claims against Mexico by American citizens. In 1876, the National League of Professional Base Ball Clubs (known as the National League) was formed in New York. The teams included were the Chicago White Stockings, Philadelphia Athletics, Boston Red Stockings, Hartford Dark Blues, Mutual of New York, St. Louis Brown Stockings, Cincinnati Red Stockings and the Louisville Grays. In 1887, the first Groundhog Day was held in Punxsutawney, Pennsylvania. In 1892, William Painter patented the bottle cap. In 1950, “What’s My Line” debuted on CBS television. In 1967, the American Basketball Association was formed by representatives of the NBA. In 1998, U.S. President Clinton introduced the first balanced budget in 30 years.
TRIVIAL PURSUITS: During regular season NFL games, the home team is required to provide 24 footballs. How many footballs is each team required to provide for the Super Bowl?Read more >
Share the good news with a friend! Pass the NewsDash along – and tell your friends/associates they can sign up for their own copy.Read more >

Editorial: Alison Cooke Mintzer


Subscribe to NEWSDash, click here .

To unsubscribe, click here.

BrightScope / CIO / FWW / Investor Economics / LiquidMetrix / Market Metrics / Matrix Solutions / PLANADVISER / Plan For Life / PLANSPONSOR / Simfund