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Wellness Strategies
Ready As It Goes
Ready As It Goes
An emergency savings plan can give employees financial confidence.
Fintech Offers Benefit to Help Employees With Out-of-Pocket Health Care Costs
The interest-free, payroll-deducted payment plan can keep employees ‘away from more financially toxic payment options,’ such as taking a retirement plan loan, the company notes.
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Data and Research
Health Care in Retirement Will Cost an Average of $315,000
Delivering Robust Retirement Communication and Education on a Budget
Data and Research
Public-Sector Workers Delay DC Plan Decumulation
Market Mirror
Yesterday, the Dow lost 582.05 points (3.04%) to finish at 18,591.93, the NASDAQ was down 18.84 points (0.27%) at 6,860.67, and the S&P 500 decreased 67.52 points (2.93%) to 2,237.40. The Russell 2000 fell 56.35 points (5.32%) to 1,002.40, and the Wilshire 5000 closed 617.44 points (2.67%) lower at 22,465.02.

The price of the 10-year Treasury note was up 9/32, decreasing its yield to 0.766%. The price of the 30-year Treasury bond increased 2 25/32, bringing its yield down to 1.332%.
Loan, Hardship Withdrawal Flexibility Among Possible Congressional Actions
Lawmakers are debating what will likely prove to be an unprecedented stimulus package aimed at helping businesses, workers and retirees recover from the economic effects of the coronavirus pandemic.
ICI: Mutual Fund Industry Should Fall Under ‘Critical Services’
‘To ensure access to invested monies for shareholders across the country,’ ICI’s president asks the Board of Governors to consider mutual funds and their providers for exemptions to shelter-in-place orders.
Small Talk
ON THIS DATE: In 1664, a charter to colonize Rhode Island was granted to Roger Williams in London. In 1868, Metropolitan Life Insurance Company was formed. In 1900, in New Jersey, the Carnegie Steel Corporation was formed. In 1920, the first U.S. coast guard air station was established at Morehead City, North Carolina. In 1955, Tennessee Williams’ play “Cat on a Hot Tin Roof” debuted on Broadway. In 1989, the Exxon Valdez spilled 240,000 barrels (11 million gallons) of oil in Alaska’s Prince William Sound after it ran aground. In 1996, U.S. astronaut Shannon Lucid transferred to the Russian space station Mir from the U.S. space shuttle Atlantis for a planned five-month stay. Lucid was the first female U.S. astronaut to live in a space station. In 2005, Sandra Bullock received a star on the Hollywood Walk of Fame.
TRIVIAL PURSUITS: What does ‘black swan’ event mean, and why is it called that?
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