June 18th, 2024 Insight on Plan Design & Investment Strategy Every Weekday Investing CITs Continue to Dominate in DC Plans, But Limitations Remain Collective investment trusts are overtaking mutual funds in 401(k) plans, according to new research from Cerulli; however, barriers to adoption of CITs on investment menus remain. Compliance What Pro-Rata Rules Mean When Taking Plan Distributions Both IRS and plan rules can affect how participants can draw down their pre-and post-tax retirement accounts. Most Read Investing Empower to Offer Private Investments in 401(k) Plans Data and Research Employers, Workers Have Disconnect Between Employee Needs, Benefits Strategies  Benefits Benefits Council Proposes New Ways to Use Retirement Surpluses to Boost Benefits, Raise Revenue MARKET MIRROR Monday, the Dow rose 188.94 points (0.49%) to close at 38,778.10, the Nasdaq rose 168.14 points (0.95%) to close at 17,857.02 and the S&P 500 rose 41.63 points (0.77%) to close at 5,473.23. The Russell 2000 rose 15.85 points (0.79%) to close at 2,022.01, and the FT Wilshire 5000 rose 414.810 points (0.77%) to close at 54,515.83.  The 10-year Treasury note decreased 27/32, bringing the yield to 4.285%. The 30-year Treasury bond decreased 32/32, bringing the yield to 4.410%.   BENEFITS PSNC 2024: ‘Executive’ Decisions Early findings from an annual survey show plan sponsors are providing nonqualified deferred compensation programs to a wider range of employees, a Newport executive says. Opinions The Option of Total Retirement Outsourcing Increasing plan complexity and fiduciary liability continue to steer employers toward this growing trend. SMALL TALK ON THIS DATE: In 1812, President James Madison signed a declaration of war against Great Britain, initiating the War of 1812, which arose chiefly from U.S. grievances over oppressive maritime practices during the Napoleonic Wars. In 1873, suffragist Susan B. Anthony was fined after being convicted for voting in the 1872 presidential election, though she refused to pay it; in 2020 President Donald Trump pardoned Anthony, but the move was criticized by those who argued it validated her trial. In 1940, broadcasting from London after France fell to the Nazis, French General Charles de Gaulle appealed to his compatriots to continue World War II under his leadership. In 1979, the SALT (Strategic Arms Limitation Talks) II treaty was signed by President Jimmy Carter and Soviet leader Leonid Brezhnev. In 1983, the first American woman to fly into outer space, Sally Ride, was launched with four other astronauts aboard the space shuttle Challenger. In 2006, prelate Katharine Jefferts Schori was elected presiding bishop of the Episcopal Church in the U.S., becoming the first woman chosen as a churchwide leader in the 400-year history of the Anglican Communion. 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