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Plan Sponsor Roundtable: Retirement Income Is the Outcome
Plan Sponsor Roundtable: Retirement Income Is the Outcome
Plan provisions and advice tools can help participants turn their savings into reliable retirement income.
2021 Plan Sponsor of the Year Finalists
Today, we are pleased to announce the 2021 Plan Sponsor of the Year awards finalists in the Corporate 401(k) $25MM–$50MM and Corporate 401(k) <$25MM categories.
Most Read
Federal Student Loan Forbearance Is Ending, but Many Employees Aren’t Prepared
2021 Recordkeeping Survey
Ask the Experts
Satisfying Electronic Disclosure Requirements for SPDs to New Hires
Economic Events
Total nonfarm payroll employment rose by 379,000 in February, and the unemployment rate was little changed at 6.2%. The labor market continued to reflect the impact of the coronavirus (COVID-19) pandemic, the Bureau of Labor Statistics said.

Today, the Census Bureau will report about wholesale trade for January. Wednesday, the Bureau of Labor Statistics will reveal the consumer price index for February. Thursday, the Labor Department will issue its initial claims report. Friday, the Bureau of Labor Statistics will reveal the producer price index for February.
Market Mirror
Friday, the Dow gained 572.16 points (1.85%) to finish at 31,496.30, the Nasdaq closed 196.68 points (1.55%) higher at 12,920.15 and the S&P 500 increased 73.47 points (1.95%) to 3,841.94. The Russell 2000 gained 45.29 points (2.11%) to finish at 2,192.21, and the Wilshire 5000 climbed 722.42 points (1.81%) to 40,564.86.

The price of the 10-year Treasury note was unchanged, with its yield up to 1.568%. The price of the 30-year Treasury bond was up 4/32, decreasing its yield to 2.301%.

For the week ending March 5, 2021, the Dow gained 1.82%, the Nasdaq fell 2.06%, and the S&P 500 closed 0.81% higher. The Russell 2000 decreased 0.40%, and the Wilshire 5000 was up 0.14%.
EBSA Disaster Relief Notice Highlights Pandemic’s Lasting Impact
This latest regulatory development is just another piece of evidence underscoring how extraordinary the last 12 months have been.  
Plan Sponsor Roundtable: DC Plan Investment Menus
Plan sponsors discussed the investment options they chose for their plans and how they determined which were best.
Deals and People
Retirement Industry People Moves
TIAA announces new president and CEO; MassMutual hires benefits managing director; senior DC strategist joins PGIM; and more.
Small Talk
ON THIS DATE: In 1853, the first bronze statue of Andrew Jackson was unveiled in Washington, D.C. In 1945, Phyllis Mae Daley received a commission in the U.S. Navy Nurse Corps. She later became the first African American nurse to serve duty in World War II. In 1948, the U.S. Supreme Court ruled that religious instruction in public schools was unconstitutional. In 1957, following Israel’s withdrawal from occupied Egyptian territory, the Suez Canal was reopened to international traffic. In 1959, Groucho, Chico and Harpo Marx made their final TV appearance together. In 1961, Max Conrad circled the globe in a record time of eight days, 18 hours and 49 minutes in the Piper Aztec. In 1965, the U.S. landed about 3,500 Marines in South Vietnam. They were the first U.S. combat troops to land in Vietnam. In 2014, Malaysia Airlines Flight 370, carrying 227 passengers and 12 crew members, lost contact with air traffic control less than an hour after taking off from Kuala Lumpur then veered off course and disappeared.
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