July 25th, 2024 Insight on Plan Design & Investment Strategy Every Weekday Data and Research Individual Annuity Sales Reach $215B in First Half of 2024 The growth is the highest for the first six months of any year since LIMRA started tracking sales in the 1980s.  Data and Research Military Households Express Higher Retirement Confidence Than Nonmilitary Households According to a survey conducted by the Employee Benefits Research Institute, military households are more likely to have a higher level of financial assets and are less concerned about debt. Most Read Opinions Selecting an OCIO: What Every Organization Needs to Know Benefits Social Security Administration to Require Strict In-Person, or Online Identity Checks Investing Johns Hopkins Study: Private Equity, 401(k)s Do Not Mix MARKET MIRROR Wednesday, the Dow fell 504.22 points (1.25%) to close at 39,853.87, the Nasdaq fell 654.94 points (3.64%) to close at 17,342.41, the S&P 500 fell 128.61 points (2.31%) to close at 5,427.13. The Russell 2000 fell 47.89 points (2.13%) to close at 2,195.37, and the FT Wilshire 5000 Index fell 1,304.03 points (2.34%) to close at 54,402.73.The 10-year Treasury note decreased 3/32, bringing the yield to 4.2880%. The 30-year Treasury bond decreased 31/32, bringing the yield to 4.542%. AWARDS 2024 Best In Class 401(k) Plans How does your plan measure up against these top performers? AWARDS 2024 Service Stars The PLANSPONSOR Service Star Awards program recognizes the retirement plan account representatives and relationship managers who, in the words of their plan sponsor clients, have demonstrated exemplary service. Meet the 2024 stars.  SMALL TALK ON THIS DATE: In 1814, near Niagara Falls, British troops commanded by General Phineas Riall thwarted an invasion of British Canada by a U.S. force under General Jacob Brown in the Battle of Lundy’s Lane during the War of 1812. In 1832, the first recorded railroad accident in U.S. history occurred when four people were thrown off a car on the Granite Railway near Quincy, Massachusetts. In 1868, Congress formed the Wyoming Territory. In 1898, U.S. forces under General Nelson A. Miles invaded Puerto Rico during the Spanish-American War. In 1952, Puerto Rico attained its own government as a commonwealth of the United States. In 1978, Louise Brown, the first human conceived using in vitro fertilization, was born in England. In 1984, Soviet cosmonaut Svetlana Yevgenyevna Savitskaya became the first woman to walk in space. In 2000, a Concorde supersonic airplane—Air France Flight 4590—crashed outside Paris, killing all 109 people on board and four others on the ground; the event was believed to have hastened the end of all Concorde operations three years later. In 2007, Indian lawyer and politician Pratibha Patil was sworn in as president of India, becoming the first woman to hold the office.  Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2025 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