| Sponsored message from UMB Healthcare Services | HSAs Shine Brightly in the Retirement Savings Universe | In the universe of retirement options, there are a lot of stars-401(k), 403(b), 457s, IRAs, and Roth IRAs. While each of these retirement savings options offers its own distinct advantages, shining brightest among them in the retirement stratosphere is the often-overlooked HSA.Read more > | | Market Mirror | Monday, the Dow was down 84.10 points (0.33%) at 25,679.90, the NASDAQ lost 113.91 points (1.46%) to finish at 7,702.38, and the S&P 500 decreased 19.30 points (0.67%) to 2,840.23. The Russell 2000 fell 10.80 points (0.70%) to 1,524.96, and the Wilshire 5000 closed 205.06 points (0.69%) lower at 29,316.55. The price of the 10-year Treasury note was down 2/32, increasing its yield to 2.421%. The price of the 30-year Treasury bond was down 2/32, increasing its yield to 2.837%. | | From the Magazine | Advice/Savings Correlation | The retirement plan industry offers various ways to help plan participants develop good investing behaviors. The most basic way to give these employees guidance is through automatic plan design features. These “force” retirement plan enrollment, set a specific savings rate that can be automatically increased each year, and create a default investment fund. Plan sponsors, with the help of their providers, can also offer education that can help employees invest.Read more > | | Investing | Confidence Remains in an Aging Bull Market | Both for novice individuals and sophisticated institutions, investor perceptions of preparedness for market turbulence can often differ from actual readiness.Read more > | | Small Talk | ON THIS DATE: In 1819, bicycles were first seen in the U.S. in New York City. They were originally known as “swift walkers.” In 1832, in the U.S., the Democratic Party held its first national convention. In 1881, the American branch of the Red Cross was founded by Clara Barton. In 1904, Fédération Internationale de Football Association (FIFA) was founded. In 1955, an unknown Chuck Berry paid his first visit to a recording studio and cut the record that would make him famous: “Maybellene.” In 1956, the U.S. exploded the first airborne hydrogen bomb in the Pacific Ocean over Bikini Atoll. In 1998, Microsoft and Sega announced that they are collaborating on a home video game system. No TRIVIAL PURSUITS today. | Share the news with a friend! Pass the NewsDash along and tell your friends/associates they can sign up for their own copy.Read more > |
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