July 31st, 2025 Insight on Plan Design & Investment Strategy Every Weekday Compliance Senate HELP Committee Advances 2 ESOP Bills in Unanimous Vote The lawmakers scratched a planned vote on a third piece of legislation that had been scheduled. Data and Research Schwab: Participants Expect to Retire Later, Are Less Optimistic About Reaching Savings Goals The firm’s annual 401(k) plan participant survey found retirement confidence has stagnated amid inflation concerns. Most Read Compliance House Passes Legislative Package Allowing CITs in 403(b) Retirement Plans  Compliance Trump Signs Executive Order Targeting ‘Politically-Motivated’ Proxy Advisers  Compliance IRS Issues Guidance Expanding HSA Access MARKET MIRROR Wednesday the Dow fell 171.71 points (0.38%) to close at 44,461.28, the Nasdaq rose 31.38 points (0.15%) to close at 21,129.67 and the S&P 500 fell 7.96 points (0.12%) to close at 6,362.90. The Russell 2000 fell 10.57 points (0.47%) to close at 2,232.40 and the FT Wilshire 5000 Index fell 86.07 points (0.14%) to close at 63,535.94.  The 10-year Treasury note fell 26/32, bringing the yield to 4.379%. The 30-year Treasury bond fell 29/32, bringing the yield to 4.905%.  Data and Research Cost for Health Care in Retirement Hits $172,500, per Fidelity Report The Retiree Health Care Cost Estimate shows health expenses for retirees up 4.5% since 2024, making HSAs more important than ever. SPECIAL COVERAGE 403(b) Retirement Plans A review of issues and trends affecting the investment and operation of 403(b) plans and how they are changing. SMALL TALK ON THIS DATE: In 1921, Whitney M. Young, Jr., who spearheaded the drive for equal opportunity for African Americans in industry and U.S. government service while he was head of the National Urban League, was born in Lincoln Ridge, Kentucky. In 1948, President Harry S. Truman dedicated Idlewild Airport as New York International Airport (rededicated as John F. Kennedy International Airport in 1963). In 1965, author J.K. Rowling, creator of the Harry Potter series, was born. In 2006, because of health problems, longtime Cuban leader Fidel Castro handed over power to his brother Raul; the latter served as the country’s acting president until officially assuming the post in 2008. In 2012, at the Summer Games in London, swimmer Michael Phelps captured an unprecedented 19th career Olympic medal when he helped the U.S. team win the 4 x 200-meter freestyle relay. In 2019, American theatrical producer and director Harold Prince—the recipient of a record-setting 21 Tony Awards, including one for lifetime achievement—died at age 91.   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