Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
January 29th, 2015
Plan Sponsor of the Year Finalists
Plan Sponsor of the Year Finalists: 403(b)
Each year, the editors of PLANSPONSOR recognize a number of plan sponsors that demonstrate leadership in providing a more secure retirement for workers. Today, PLANSPONSOR is pleased to announce the finalists for the 2015 PLANSPONSOR Plan Sponsor of the Year award in the 403(b) category.Read more >
GAO Request
If you are a defined contribution (DC) plan fiduciary who has considered adopting or has adopted a qualified default investment alternative (QDIA) for your plan, please consider answering a short questionnaire sponsored by PLANSPONSOR and the U.S. Government Accountability Office (GAO). Please note: GAO is not auditing or analyzing the policies or practices of any individual plan sponsor. All responses provided in this questionnaire will remain confidential. GAO will not attribute any provided information to any individual or company. GAO will accept responses to this questionnaire through tomorrow, January 30.Read more >
Benefits & Administration
Late-Career Workers Carrying Debt into Retirement
A new report from the Employee Benefit Research Institute (EBRI) finds more and more late-career Americans are carrying problematic debt payment levels towards retirement. EBRI says that for American families with family heads age 55 or older, the occurrence of debt has increased from 63.4% in 2010 to 65.4% in 2013. Even more troubling, EBRI says, is the increased percentage of older families with monthly debt payments greater than 40% of income.Read more >
Ask the Experts
Difference Between Roth and ‘After-Tax’ Contributions
“What is the difference between a Roth 403(b) contribution and an after-tax 403(b) contribution?”Read more >

2023 DC Survey Standouts
Understanding Investments and Fees: A Key Part of Plan Committee Education
Data and Research
Financial Literacy Quiz Reveals Americans Lack Understanding of Retirement Income
Market Mirror

U.S. stock indices fell after the Federal Reserve’s Open Market Committee reiterated it plans to be patient and watch the data as it decides when to raise interest rates. The Dow decreased 195.84 points (1.13%) to 17,191.37, the NASDAQ was down 43.50 points (0.93%) at 4,637.99, and the S&P 500 closed 27.39 points (1.35%) lower at 2,002.16. The Russell 2000 fell 19.54 points (1.64%) to 1,175.12, and the Wilshire 5000 lost 300 points (1.40%) to finish at 21,135.57.

On the NYSE, 3.2 billion shares changed hands, with declining issues outnumbering advancing issues nearly 3 to 1. On the NASDAQ, 2.7 billion shares traded, with a more than 3 to 1 lead for decliners.

The price of the 10-year Treasury note was up 32/32, bringing its yield down to 1.718%. The price of the 30-year Treasury bond increased 2 19/32, decreasing its yield to 2.292%.

High Court Remands Vested Retiree Health Benefits Case
The U.S. Supreme Court vacated an appellate court’s decision that an employer owed retirees covered by a collective bargaining agreement (CBA) lifetime health care benefits, finding the basis for the decision was inappropriate. The high court said the 6th U.S. Circuit Court of Appeals decision in M&G Polymers USA v. Tackett rested on principles that are incompatible with ordinary principles of contract law. According to the Supreme Court opinion, the 6th Circuit also failed to consider the traditional principle that courts should not construe ambiguous writings to create a lifetime promise.Read more >
From the Magazine
DB Plan Q&A: Mortality Table Updates
Marcia Wagner, principal and founder of The Wagner Law Group, answers questions relating to the consequences and anticipated effective date of the final version of new mortality tables issued by the Society of Actuaries in October, 2014.Read more >
A new report from Cerulli Associates finds asset managers are seeking a variety of approaches to offer new exchange-traded fund (ETF) products, such as using their firms’ existing infrastructure capabilities to repackage existing strategies as ETFs or acquiring existing ETF boutiques that have the necessary distribution already in place. The result for investors will be greater opportunity and flexibility in choosing ETFs.Read more >
Small Talk
ON THIS DATE: In 1861, Kansas became the 34th state of the Union. In 1886, the first successful petrol-driven motorcar, built by Karl Benz, was patented. In 1936, the first members of Major League Baseball’s Hall of Fame were named in Cooperstown, New York. In 1963, the first members to the NFL’s Hall of Fame were named in Canton, Ohio. In 1995, the San Francisco 49ers became the first team in National Football League (NFL) history to win five Super Bowl titles. The 49ers defeated the San Diego Chargers 49 to 26.
SURVEY SAYS: It’s that time of year again—The Academy Awards. This week I’d like to know, which nominees for “Best Picture” have you seen, and which do you think should win? You may respond to this week’s survey by 6 p.m. Pacific time today.Read more >
Share the good news with a friend! Pass the Dash along – and tell your friends/associates they can sign up for their own copy.Read more >

News from


Copyright © Asset International, Inc., 2015.

All rights reserved.  No reproduction without prior authorization.

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