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The DE&I Lens
The DE&I Lens
How to adjust a retirement plan for diversity, equity and inclusion.
Data and Research
K-12 Educators Prefer Advisers for Retirement Planning
Educators who work with an adviser are nearly twice as receptive to learning about managing finances from social media as their peers who do not.
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Deals and People
Voya Keeps Building Government Markets Team With Rehire
Housing Expenses Drive Spending Volatility in Retirement
Data and Research
Unplanned Financial Challenges Continue to Plague US Workers’ Retirement Savings
Existing-home sales retreated in May for the fourth consecutive month, according to the National Association of Realtors. Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions. Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 3.4% from April to a seasonally adjusted annual rate of 5.41 million in May. Year-over-year, sales receded 8.6% from 5.92 million in May 2021.
Tuesday, the Dow was up 641.47 points (2.15%) to 30,530.25, the Nasdaq gained 270.95 points (2.51%) to 11,069.30, and the S&P 500 was up 89.95 points (2.45%) to 3,764.79. The Russell 2000 gained 28.34 points (1.70%) to 1,694.03, and the Wilshire 5000 was up 859.52 points (2.35%) to 37,387.17.

The price of the 10-year Treasury note fell 5/32 raising its yield to 3.292%. The price of the 30-year Treasury bond fell 1 26/32 and its yield increased to 3.361%.
Participants Pose Challenges to PRTs
In general, plans may not cash out active employees, although there are exceptions.
ON THIS DATE: In 1772, Slavery was outlawed in England. In 1775, the Continental Congress issued $2 million in currency. In 1807, British seamen boarded the USS Chesapeake, a provocation that led to the War of 1812. In 1870, Congress created the Department of Justice. In 1898, Erich Maria Remarque, the author of the World War I novel “All Quiet on the Western Front”, was born in Osnabruck, Germany. In 1909, the first transcontinental auto race ended in Seattle. In 1939, the first U.S. water-ski tournament was held at Jones Beach, New York. In 1944, President Franklin D. Roosevelt signed the G.I. Bill, legislation designed to compensate returning members of the armed services—known as G.I.s—for their efforts in World War II. In 2009, Eastman Kodak Company announced that it would discontinue sales of the Kodachrome Color Film. In 2011, after 16 years on the run from law enforcement, James “Whitey” Bulger, a Boston mob boss wanted for 19 murders, was arrested in Santa Monica, California.
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