February 8th, 2022 Insight on Plan Design & Investment Strategy Every Weekday Benefits A Plan Sponsor Offers an Interactive Financial Wellness Benefit The CEO of Pressed wanted a flexible program to address a diverse workforce. Plan Progress Webinar How to Increase Employees’ Financial Wellness Join us Thursday, February 17, for a webinar during which industry experts and a plan sponsor will discuss the advantages of offering a financial wellness program to employees; how to structure such a program; and suggestions for getting employees to participate in a financial wellness program. Most Read Data and Research Student Loan Repayments Expected to Derail Employees’ Retirement Savings Benefits Social Security Administration Cannot Calculate 2024 COLA if Government Shuts Down Benefits Senate Committee Passes Bill Permitting Marijuana Industry Employers to Sponsor Retirement Plans Market Mirror Yesterday, the Dow was virtually unchanged at 35,091.13, the Nasdaq decreased 82.34 points (0.58%) to 14,015.67, and the S&P 500 was down 16.66 points (0.37%) at 4,483.87. The Russell 2000 increased 10.25 points (0.51%) to 2,012.60, and the Wilshire 5000 closed 108.49 points (0.24%) lower at 45,135.79. The price of the 10-year Treasury note was down 1/32, increasing its yield to 1.923%. The price of the 30-year Treasury bond decreased 2/32, bringing its yield up to 2.226%. Data and Research Picking the Minds of Stock Plan Participants Most feel confident in their ability to access their stock plan account, but many would like more education about maximizing their benefit. UpFront Older Participants Up Their Exposure to TDFs Participants in their 40s, 50s and 60s are increasingly saving in these investment vehicles. Products Groom Law Group Publishes Guide for Selecting Lifetime Income Options The paper aims to provide defined contribution plan fiduciaries with a practical tutorial for choosing lifetime income investments. Small Talk ON THIS DATE: In 1693, a charter was granted for the College of William and Mary in Williamsburg, Virginia. In 1896, the Western Conference, a Division I collegiate athletic conference, was formed by representatives of Midwestern universities. The group later changed its name to the Big 10 Conference. In 1910, William D. Boyce incorporated the Boy Scouts of America. In 1936, the first National Football League draft was held. Jay Berwanger was the first to be selected. He went to the Philadelphia Eagles. In 1952, Queen Elizabeth II ascended to the British throne following the death of her father, George VI, on February 6. In 1963, the Kennedy administration prohibited travel to Cuba and made financial and commercial transactions with Cuba illegal for U.S. citizens. In 1963, Lamar Hunt, owner of the American Football League franchise in Dallas moved the operation to Kansas City. The new team was named the Chiefs. In 1971, the Nasdaq stock-market index debuted. In 2002, the exhibit “Places of Their Own” opened at the National Museum of Women in the Arts. The works displayed were by Georgia O’Keeffe, Frida Kahlo and Emily Carr. TUESDAY TRIVIA: What do the Olympic rings represent? Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox!

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