June 24th, 2025 Insight on Plan Design & Investment Strategy Every Weekday Compliance Senate Tax Bill Seems Cheaper Than House Version. Why? The Math Is Skewed. The Joint Committee on Taxation acceded to a Republican request to base the (considerably lower) estimate for the cost of the Senate bill on ‘current policy baseline.’ Compliance Judge Dismisses 401(k) Forfeiture Complaint Against Wells Fargo The District of Minnesota ruling found that the plaintiff failed to state a claim under ERISA. Most Read Data and Research Employers Buckle Down on Pharmacy, Medical Costs Compliance 8th Circuit Tosses Wells Fargo Forfeiture Complaint on Lack of Standing Compliance DOL Eases Enforcement of New Rules for Paper Benefit Statements MARKET MIRROR Monday the Dow rose 374.96 points (0.89%) to close at 42,581.78, the Nasdaq rose 183.56 points (0.94%) to close at 19,630.97 and the S&P rose 57.33 (0.96%) to close at 6,025.17. The Russell 2000 rose 23.42 (1.11%) to close at 2,132.68, and the FT Wilshire 5000 Index rose 560.25 (0.94%) to close at 60,174.43.  The 10-year Treasury note rose 24/32, bringing the yield to 4.349%. The 30-year Treasury bond rose 3/32, bringing the yield to 4.879%.  Opinions Retirement Income in DC Plans: The Way Forward Two NEPC executives provide perspective and practical tips on the retirement income landscape. AWARDS Meet the 2025 Plan Sponsor of the Year Winners Corporate DC >$200M – $500M Standard Chartered Bank  NOMINATOR COMMENTS “Standard Chartered Bank U.S., part of the international banking group Standard Chartered …, provides its employees with a best-in-class total compensation package, including its Employees Capital Accumulation 401(k) plan. The bank’s focus on the financial well-being of its staff drives many of its efforts.”   ON THIS DATE ON THIS DATE:  In 1812, French Emperor Napoleon led 600,000 troops of his Grand Army in an invasion of Russia. In 1932, the Promoters Revolution, a bloodless coup, overthrew Prajadhipok, the king of Thailand, ending the absolute monarchy in that country and initiating the so-called Constitutional Era. In 1948, the Berlin blockade intensified when the Soviet Union announced that the Western Allied powers no longer had any rights in Berlin. In 1987, Lionel Messi was born in Rosario, Argentina. In 2010, Australian politician Julia Gillard was sworn in as Australia’s first female prime minister. In 2022, the Supreme Court decided the case Dobbs v. Jackson Women’s Health Organization, overturning nearly 50 years of settled precedent, Roe v. Wade, which was decided by the court in 1973. In overturning precedent, the court’s ruling culminated efforts by the court’s conservative majority, appointed by President Donald Trump, to end the constitutional right to an abortion in the U.S.  Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2026 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