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Maximum Benefit and Contribution Limits Table 2020
Maximum Benefit/Contribution Limits for 2015 through 2020, with a downloadable PDF of limits from 2010 to 2020.
Full 9th Circuit Passes on Review of Schwab Arbitration Ruling
Experts wondered whether the full 9th Circuit would reconsider a potentially influential pro-arbitration ruling issued recently by a three-judge panel. Now, it appears the full court has passed on conducting such a review.
Most Read
House Committee Approves Bill Aimed at Increasing Retirement Plan Coverage
Data and Research
Working Past Age 65 May Seem Like a Great Idea …
Employees Don’t Want ‘All or Nothing’ When It Comes to Guaranteed Lifetime Income
Firms Estimate DB Funded Status Improvements in October
This is due to positive equity returns; however, plan sponsors will likely see a pension liability increase on year-end balance sheets.
Market Mirror
Yesterday, the Dow was up 10.25 points (0.04%) at 27,691.49, the NASDAQ closed 11.04 points (0.13%) lower at 8,464.28, and the S&P 500 decreased 6.07 points (0.20%) to 3,087.01. The Russell 2000 was down 4.09 points (0.26%) at 1,594.77, and the Wilshire 5000 lost 57.40 points (0.18%) to finish at 31,447.63.

The bond markets were closed for Veteran’s Day.
SEC Finds Concerns About Money Market Funds and TDFs
Among other things, the agency found some TDFs had marketing materials with asset allocation disclosures that differed from the TDFs’ prospectus disclosures.
Prudence, Performance and Quality in Target-Date Funds
Good target-date fund performance is obviously important to participant outcomes, but so is protecting their hard-earned dollars in times of market stress.
Small Talk
ON THIS DATE: In 1859, the first flying trapeze act was performed by Jules Leotard at Cirque Napoleon in Paris. He was also the designer of the garment that is named after him. In 1915, Theodore W. Richards, of Harvard University, became the first American to be awarded the Nobel Prize in chemistry. In 1940, Walt Disney released “Fantasia.” In 1942, during World War II, naval battle of Guadalcanal began between Japanese and American forces. The Americans won a major victory. In 1946, the first drive-up banking facility opened at the Exchange National Bank in Chicago. In 1954, Ellis Island, the immigration station in New York Harbor, closed after processing more than 20 million immigrants since 1892. In 1975, U.S. Supreme Court Justice William O. Douglas retired because of failing health, ending a record 36½-year term. In 1979, President Jimmy Carter ordered a halt to all oil imports from Iran in response to 63 Americans being taken hostage at the U.S. embassy in Tehran, Iran on November 4. In 1998, Daimler-Benz completed a merger with Chrysler to form Daimler-Chrysler AG. In 2002, Stan Lee filed a lawsuit against Marvel Entertainment Inc. that claimed the company had cheated him out of millions of dollars in movie profits related to the 2002 movie “Spider-Man.” Lee was the creator of Spider-Man, the Incredible Hulk and Daredevil. In 2013, in New York City, it was announced that the new World Trade Center was the tallest building in the United States. The height was measured at 1,776 feet. The building was also the fourth tallest building in the world at the time. In 2013, U.S. Airways and AMR reached an antitrust settlement with the U.S. Department of Justice which would allow a merger that would create the world’s largest airline.
TRIVIAL PURSUITS: Why did Ellis Island close?
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