March 22nd, 2022 Insight on Plan Design & Investment Strategy Every Weekday Data and Research Inflation’s Impact on Health Care Costs in Retirement An analysis from HealthView Services shows how inflation dramatically increases what future retirees will have to pay for health care. Survey Do You Want Insight About NQDC Plan Trends? PLANSPONSOR and Newport have partnered again to survey plan sponsors with the goal of identifying nonqualified deferred compensation plan trends. The NQDC survey results will reveal the most up-to-date thoughts on nonqualified benefit plan design; the latest trends in plan investments and financing; and what your peers are doing today with their NQDC plans. Participating in the survey will guarantee you an advanced copy of the report, a special NQDC Insights summary prepared by PLANSPONSOR and Newport’s NQDC experts, and more. All responses are strictly confidential and will only be reported in aggregate. The deadline to respond is March 24. Help us to provide this valuable resource. Most Read Deals and People LPL Terminates CEO Dan Arnold Administration IRS Provides Tax Relief for Those Impacted by Hurricane Helene Benefits Implementing Retirement Income Strategies Market Mirror Yesterday, the Dow lost 201.94 points (0.58%) to finish at 34,552.99, the Nasdaq closed 55.38 points (0.40%) lower at 13,838.46, and the S&P 500 was down 1.94 points (0.04%) at 4,461.18. The Russell 2000 fell 20.21 points (0.97%) to 2,065.94, and the Wilshire 5000 decreased 86.56 points (0.19%) to 44,923.03. The price of the 10-year Treasury note decreased 1 3/32, bringing its yield up to 2.297%. The price of the 30-year Treasury bond fell 1 32/32, increasing its yield to 2.522%. Compliance Lawsuit Claims Rehires Were Deprived of Retirement Benefits Owed to Them The lawsuit says Raytheon violated retirement plan terms and ERISA by not allowing rehires to repay prior distributions and by miscalculating offsets of those distributions. Climate Disclosure Rules Proposed by SEC Organizations would be required to disclose their governance of climate-related risks and relevant risk management processes, as well as their greenhouse gas emissions. Small Talk ON THIS DATE: In 1457, the Gutenberg Bible became the first printed book. In 1765, to raise funds to pay off debts and defend the vast new American territories won from the French in the Seven Years’ War (1756-1763), the British government passed the Stamp Act. The legislation levied a direct tax on all materials printed for commercial and legal use in the colonies, from newspapers and pamphlets to playing cards and dice. In 1790, Thomas Jefferson began his service as the first U.S. Secretary of State. In 1893, the first women’s college basketball game was played at Smith College in Northampton, Massachusetts. In 1919, the first international airline service was inaugurated on a weekly schedule between Paris and Brussels. In 1934, the first Masters golf championships teed off in Augusta, Georgia. In 1941, the Grand Coulee Dam in Washington began operations. In 1954, the first shopping mall opened in Southfield, Michigan. In 1977, comedienne Lily Tomlin made her debut on Broadway in “Lily Tomlin on Stage” in New York. In 1980, People for Ethical Treatment of Animals (PETA) was founded by Ingrid Newkirk and Alex Pacheco. In 1997, Tara Lipinski, at 14 years and 10 months, became the youngest women’s world figure skating champion. In 2018, the New York Stock Exchange announced that their first woman head would be Stacey Cunningham. TUESDAY TRIVIA: What did Britain’s Queen Elizabeth do in the armed forces? Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 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