January 23rd, 2025 Insight on Plan Design & Investment Strategy Every Weekday Compliance Supreme Court Hears Oral Arguments in Cornell Pleading Standards Case The court considered split decisions made in lower courts to determine whether plaintiffs must argue more than a ‘prohibited transaction’ has occurred to survive a motion to dismiss. Compliance Proposed ESOP Regulations Shelved Due to Trump Regulatory Withdrawal One of the president’s many executive orders issued Monday caused rules not already published in the Federal Register to be withdrawn. Most Read Products OneDigital Expands DC Plan Portfolios With Alternative Investments Data and Research Younger Generations’ Top Worry? Building Emergency Savings Compliance Supreme Court Signals Openness to Letting Actuaries Set Assumptions After Valuation Date MARKET MIRROR Wednesday, the Dow rose 130.92 points (0.30%) to close at 44,156.73, the Nasdaq rose 252.56 points (1.28%) to close at 20,009.34 and the S&P 500 rose 37.13 points (0.61%) to close at 6,086.37. The Russell 2000 fell 14.25 points (0.61%) to close at 2,303.72, and the FT Wilshire 5000 Index rose 296.00 points (0.49%) to close at 61,181.12. The 10-year Treasury note decreased 3/32, bringing the yield to 4.616%. The 30-year Treasury bond decreased 24/32, bringing the yield to 4.827%. Products TIAA, Nuveen Target-Date Annuity Strategies Hit 1M in Accounts The news follows BlackRock’s announcement last week that its annuity-embedded TDF product has accumulated more than $16 billion in assets under management. SPECIAL COVERAGE Plan Benchmarking Benchmarking retirement plans is key for ERISA compliance and for overall competitiveness. These stories explore what plan sponsors need to know about it. SMALL TALK ON THIS DATE: In 1849, Elizabeth Blackwell, who was born in England, earned an M.D. degree from Geneva Medical College in New York state, becoming the first American-trained woman physician. In 1964, the 24th Amendment to the U.S. Constitution, which prohibited the federal and state governments from imposing poll taxes before a citizen can participate in a federal election, was ratified. In 1986, the Rock and Roll Hall of Fame in Cleveland inducted its first class, which included Chuck Berry, Fats Domino and Elvis Presley. In 1997, Madeleine Albright, who had earlier served as U.S. ambassador to the United Nations, assumed under President Bill Clinton the office of secretary of state, becoming the first woman to hold that cabinet post. In 2005, comedian Johnny Carson—who, as host of “The Tonight Show,” established the standard format for television talk shows and came to be considered the king of late-night TV—died at age 79. In 2021, talk-show host Larry King, whose easygoing interviewing style helped make “Larry King Live,” one of CNN’s longest-running and most popular programs, died at age 87. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2026 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