| | Benefits & Administration | | Distribution Basics Confuse Sponsors and Participants | | As puzzling as plan distributions are for participants, the matter isn’t any simpler for plan sponsors. There are distinct requirements for different plan types, and changes to tax rules borne out of the Tax Cuts and Jobs Act make this subject even trickier today. The rules set around all the different types of qualified retirement plan distributions are quite complex, but plan sponsors have a lot of places to turn for support when learning about this pressing topic. (This feature article is part of our exclusive content and requires a free registration to read.)Read more > | | | PLANSPONSOR Research | | There are many recordkeepers from which a plan sponsor can choose to administer a retirement plan. But much of the industry is consolidated in a select group: the top 20 recordkeepers account for 90% of DC assets, 55% of plans, and 84% of participants. Find out more in the annual Recordkeeping Survey. (This research is part of our exclusive content and requires a free registration to read.)Read more > | | | Market Mirror | | Thursday, the Dow was up 112.97 points (0.44%) at 25,527.07, the NASDAQ lost 77.13 points (0.97%) to 7,855.11, and the S&P 500 decreased 7.40 points (0.26%) to 2,838.67. The Russell 2000 closed 10.16 points (0.60%) higher at 1,695.36, and the Wilshire 5000 dropped 64.97 points (0.22%) to finish at 29,570.72.The price of the 10-year Treasury note decreased 2/32, bringing its yield up to 2.984%. The price of the 30-year Treasury bond grew 1/32, decreasing its yield to 3.102%. |
|
| |
