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Are Millennials on Track for a Secure Retirement?
Are Millennials on Track for a Secure Retirement?
Many under age 40 understand the need to save for retirement but juggle competing financial needs; auto features are helping.
Outdated Mortality Tables Contested in IBM Lawsuit
Plaintiffs say their employer is knowingly using outdated mortality tables and inflated interest rate assumptions that undervalue certain annuity benefits relative to the pension plan’s standard option.
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Delay on Catch-Up Provision Allows Employers to Explore Optional SECURE 2.0 Features
Pension Plans of Kellogg, Kohler and FedEx Sued For Outdated Calculations   
Federal Judge Rejects One of Two Challenges to DOL ESG Rule
Monday, the Dow increased 16.08 points (0.05%) to close at 32,915.78, the Nasdaq gained 48.64 points (0.40%) to 12,061.37, and the S&P 500 gained 12.89 points (0.31%) to 4,121.43. The Russell 2000 lifted 6.83 points (0.36%), and the Wilshire 5000 climbed 127.99 points (0.31%) to 41,073.38.

The price of the 10-year Treasury note decreased 30/32 bringing its yield up to 3.037%. The price of the 30-year Treasury bond decreased 1 31/32 increasing its yield to 3.194%.
Leakproof Your Plan
How to stop participants from draining their retirement savings.
ON THIS DATE: In 1775, Richard Henry Lee of Virginia introduced a resolution for independence to the Continental Congress in Philadelphia; John Adams seconded the motion. In 1863, Mexico City was captured by French troops. In 1892, J.F. Palmer patented the cord bicycle tire. In 1903, French physicist Pierre Curie revealed the discovery of Polonium. In 1913, Hudson Stuck, an Alaskan missionary, led the first successful ascent of Denali—formerly known as Mt. McKinley—the highest point on the American continent at 20,320 feet. In 1929, the sovereign state of Vatican City came into existence as copies of the Lateran Treaty were exchanged in Rome. In 1937, Hollywood was shocked by the sudden and tragic death of actress Jean Harlow, who succumbed to uremic poisoning—acute kidney failure—at age 26. In 1962, the banking institution Credit Suisse opened the first drive-through bank in Switzerland in downtown Zurich. In 1979, Texas passed a bill to become the first U.S. state to make Juneteenth an official state holiday. In 2000, a federal judge ordered the breakup of Microsoft Corporation.
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