May 14th, 2025 Insight on Plan Design & Investment Strategy Every Weekday Compliance Sweeping Republican Tax Bill Leaves Retirement Policy Mostly Untouched The 389-page House bill includes expanding ABLE accounts, college savings and health savings accounts, while adding new ‘MAGA’ accounts for kids and deductions for seniors. Compliance DOJ to Stay Enforcement of Mental Health Parity Act The Trump administration is reconsidering the final rule that was issued last year, and it may rescind or modify the regulation. Most Read Compliance 8th Circuit Tosses Wells Fargo Forfeiture Complaint on Lack of Standing Compliance DOL Eases Enforcement of New Rules for Paper Benefit Statements Deals and People Equitable, Corebridge Name Steve Scanlon, Bryan Pinsky to Run Combined Retirement Divisions MARKET MIRROR Tuesday, the Dow fell 269.67 points (0.64%) to close at 42,140.43, the Nasdaq rose 301.74 points (1.61%) to close at 19,010.09 and the S&P 500 rose 42.36 points (0.72%) to close at 5,886.55. The Russell 2000 rose 10.15 points (0.49%) to close at 2,102.35, and the FT Wilshire 5000 Index rose 435.77 points (0.75%) to close at 58,856.34. The 10-year Treasury note was unchanged, bringing the yield to 4.473%. The 30-year Treasury bond increased 1/32, bringing the yield to 4.908%. SURVEYS 2025 PLANSPONSOR Outsourced Investment Manager Survey Now Open A growing number of asset owners and plan sponsors are turning to outsourced CIOs and 3(38) managers to support their investment oversight. We’re looking to better understand what drives these decisions and the value these arrangements provide. Tell us how your organization approaches investment oversight, whether you outsource, manage in-house, or are considering a change. Survey closes May 29, 2025. Ask the Experts Can Plan Sponsors Reduce Plan Loan Minimums to Less Than $1,000? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations. SMALL TALK ON THIS DATE: In 1607, the first permanent British settlement in North America was founded at Jamestown, Virginia. In 1796, English surgeon Edward Jenner administered the first vaccination against smallpox. In 1804, Meriwether Lewis and William Clark embarked from the Midwest on their expedition to the Pacific coast of North America. In 1948, just before the expiry of the British mandate in Palestine—David Ben-Gurion and the Jewish People’s Council proclaimed the establishment of the State of Israel, precipitating the first Arab Israeli war. In 1973, Skylab, the first U.S. space station, was launched. In 1984, American businessman Mark Zuckerberg, who co-founded the social media service Facebook and its parent company Meta Platforms, was born. In 1998, singer and actor Frank Sinatra died at age 82. In 2015, guitarist and singer B.B. King died at age 89. Industry Intel Roundup—Featured White Paper PLANSPONSOR is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring white papers offering key insights and analysis about the industry. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance. SPONSORED BY: PLANSPONSOR Resources: PLANSPONSOR Roadmap 2026 Livestream Series: Health Benefit Fiduciary Duties Resources to help plan sponsors with health benefit plan fiduciary responsibilities. SPONSORED BY: PLANSPONSOR Resources: PLANSPONSOR Roadmap 2026 Livestream Series: Fiduciary 101 Resources to help retirement plan sponsors fulfill Employee Retirement Income Security Act fiduciary duties. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2026 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