|
May 11th, 2021
Insight on Plan Design & Investment Strategy Every Weekday
|
|
|
|
|
Online Special Coverage
|
|
2021 Health Savings Account Survey
|
Health savings accounts (HSAs) are used by employees to offset the out-of-pocket cost of medical expenses but are increasingly described as a vehicle for saving for medical expenses in retirement. The high value employees place on health insurance benefits, coupled with growing health care costs that continue to surpass the rate of inflation, have increased employers’ adoption of HSAs alongside high-deductible health care plans (HDHPs). PLANSPONSOR’s HSA guide provides information on HSA providers. 
|
|
|
|
|
|
| Market Mirror |
Yesterday, the Dow was down 34.94 points (0.10%) at 34,742.82, the Nasdaq lost 350.38 points (2.55%) to finish at 13,401.86, and the S&P 500 decreased 44.17 points (1.04%) to 4,188.43. The Russell 2000 fell 58.93 points (2.59%) to 2,212.70, and the Wilshire 5000 closed 569.92 points (1.29%) lower at 43,515.16.
The price of the 10-year Treasury note was down 2/32, increasing its yield to 1.604%. The price of the 30-year Treasury bond decreased 30/32, bringing its yield up to 2.325%.
|
|
|
|
Events
|
|
Plan Progress Webinar: Lessons From Litigation
|
|
Join PLANSPONSOR and retirement industry experts on May 20 as we discuss insights revealed from charges filed against plan sponsors, lawsuit settlements and court decisions; new trends in types of claims and plan sponsors being targeted; and how plan sponsors can be prepared in case a lawsuit is filed against them.
|
|
|
|
|
|
|
ON THIS DATE: In 1858, Minnesota entered the Union as the 32nd state. In 1910, Glacier National Park in Montana was established. In 1927, the Academy of Motion Picture Arts and Sciences was founded. In 1934, a massive storm sent millions of tons of topsoil flying from across the parched Great Plains region of the United States as far east as New York, Boston and Atlanta. In 1947, the creation of the tubeless tire was announced by the B.F. Goodrich Company. In 1949, Siam changed its name to Thailand. In 1997, chess grandmaster Garry Kasparov resigned after 19 moves in a game against Deep Blue, a chess-playing computer developed by scientists at IBM. This was the sixth and final game of their match, which Kasparov lost two games to one, with three draws.
|
|
|
|
|
Did someone forward you this newsletter? Sign up here to get NEWSDash directly in
your mailbox!
|
|
|
|
