Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
May 29th, 2019
Benefits & Administration
Generation X Has a Big Need for Retirement Readiness Improvement
A study shows Americans at least 45 years old who have not yet retired are struggling financially and falling behind in retirement savings, but defined contribution (DC) plan sponsors can help.Read more >
SOA Proposes New Mortality Tables
The Society of Actuaries (SOA) proposed mortality tables include mortality data from both single-employer and multiemployer defined benefit (DB) plans.Read more >
2023 Plan Sponsor of the Year
Plan Sponsor of the Year Finalist Profiles Published
2022 Recordkeeping Survey
Retirement Industry People Moves
How Employers Can Address the Nurse Retention Problem
PLANSPONSOR National Conference
Aside from a powerful, information-packed agenda, the 2019 PLANSPONSOR National Conference incorporates … FUN! On opening night, “A Taste of Italy” kick-off party will offer Italian cuisine as well as a change to win prizes. On night two, join us for “Taco ’bout a Party!,” featuring a delicious build-your-own taco station, quesadilla stand, margaritas and more, as well as the opportunity to win amazing raffle prizes!Read more >
Sponsored message from Capital Group
Your employees go above and beyond.
Show them you value their hard work. Give them the 401(k) they deserve with the target date series from Capital Group, home of American Funds.Read more >
Market Mirror

Tuesday, the Dow fell 237.92 points (0.93%) to 25,347.77, the NASDAQ decreased 29.66 points (0.39%) to 7,607.35, and the S&P 500 was down 23.67 points (0.84%) at 2,802.39. The Russell 2000 closed 10.09 points (0.67%) lower at 1,504.02, and the Wilshire 5000 lost 229.41 points (0.79%) to finish at 28,918.19.


The price of the 10-year Treasury note was up 5/32, with its yield at 2.268%. The price of the 30-year Treasury bond was up 31/32, decreasing its yield to 2.705%.
Severance Agreement Bars Former Employee From Suing Over ESOP
A federal court judge cited a 5th U.S. Circuit Court of Appeals decision in Chaplin v. NationsCredit Corp. that concluded, “Although the release does not specifically mention ERISA, it need not do so, as general ‘any-and-all language covers a claim for ERISA benefits.’”Read more >
An ERISA Litigation Conversation with Jerry Schlichter
Retirement plan investment and recordkeeping fees have fallen in the last 10 years, but ERISA litigator Jerry Schlichter says there is more room for improvement.Read more >
Senators Take Second Try at Federal Retirement Commission Act
The reintroduced bill would create the Federal Retirement Commission, which would conduct a comprehensive review of private benefit programs in the U.S., with an eye toward strengthening them.Read more >
Small Talk

ON THIS DATE: In 1790, Rhode Island became the last of the original 13 colonies to ratify the U.S. Constitution. In 1848, Wisconsin became the 30th state to join the United States. In 1916, the official flag of the president of the United States was adopted. In 1951, C.F. Blair became the first man to fly over the North Pole in single engine plane. In 1953, Edmund Hillary and Sherpa Tenzing Norgay became the first men to reach the top of Mount Everest. In 1962, Buck (John) O’Neil became the first black coach in major league baseball when he accepted the job with the Chicago Cubs. In 1981, the U.S. performed a nuclear test at the Nevada Test Site. In 2001, in New York, four followers of Osama bin Laden were convicted of a global conspiracy to murder Americans. The crimes included the 1998 bombings of two U.S. embassies in Africa that killed 224 people. In 2015, the Obama administration removed Cuba from the U.S. terrorism blacklist. The two countries had severed diplomatic relations in January of 1961.



WEDNESDAY WISDOM: “I believe that every human mind feels pleasure in doing good to another.”—Thomas Jefferson
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 >

Editorial: Alison Cooke Mintzer


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