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PLANSPONSOR NEWSDASH LOGO November 19th, 2020
Insight on Plan Design & Investment Strategy Every Weekday
Investing
Retirement Plan Investors May Be Looking for Investment Standouts
Retirement Plan Investors May Be Looking for Investment Standouts
While asset managers are optimistic that market conditions will stabilize and improve, they still point to strategies investors can consider in the current environment.
Executive Summary
A Cost That Pays
Asset-based fee schedules may fuel plan success.
Most Read
Compliance
Effect of the Biden Administration on Health and Retirement Benefits
Compliance
Judge Certifies Sizable Class in Lawsuit Over TIAA’s Retirement Plan Loan Program
Benefits
What Happens When Student Loan Payment Deferral Ends?
SPONSORED BY: Edelman Financial Engines
Protect Retirement Income for Your Participants—and Your Bottom Line
How you can help prevent participants from taking plan loans or hardship withdrawals
Economic Events
Privately-owned housing starts in October were at a seasonally adjusted annual rate of 1,530,000, the Census Bureau reported. This is 4.9% above the revised September estimate of 1,459,000 and is 14.2% above the October 2019 rate of 1,340,000. Single-family housing starts in October were at a rate of 1,179,000; this is 6.4% above the revised September figure of 1,108,000. The October rate for units in buildings with five units or more was 334,000.
Market Mirror
Wednesday, the Dow lost 344.93 points (1.16%) to finish at 29,438.42, the NASDAQ closed 97.74 points (0.82%) lower at 11,801.60, and the S&P 500 decreased 41.74 points (1.16%) to 3,567.79. The Russell 2000 was down 22.60 points (1.26%) at 1,769.32, and the Wilshire 5000 fell 367.49 points (0.98%) to 37,004.89.

The price of the 10-year Treasury note was down 1/32, increasing its yield to 0.871%. The price of the 30-year Treasury bond was up 2/32, decreasing its yield to 1.600%.
Investment Focus
HSA Investment Options
A valuable way to grow savings for health care expenses.
Administration
Fee Variations
Having numerous options, plan sponsors need to make conscious decisions about managing their expenses and policies.
Small Talk
ON THIS DATE: In 1794, during his tenure as the first chief justice of the U.S. Supreme Court, John Jay negotiated the Jay Treaty with Great Britain, helping mend ties between the Americans and British. In 1863, at the dedication of a military cemetery at Gettysburg, Pennsylvania, during the American Civil War, President Abraham Lincoln delivered the Gettysburg Address. In 1895, the “paper pencil” was patented by Frederick E. Blaisdell. In 1990, the pop duo Milli Vanilli became the first performers to be stripped of a Grammy Award (for best new artist) after it was revealed that the two men had not sung on the album Girl You Know It’s True (1989). In 2007, Amazon.com began selling the Kindle, a wireless electronic reading device that played a key role in popularizing e-books.
SURVEY SAYS: This year has been tough, and that’s putting it mildly for many people. If as I do, you want to spread positivity to your friends/colleagues in the industry, please respond to this survey and share what you are thankful for. You may respond to the survey by 6 p.m. Pacific time today.
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