Plansponsor Logo
PLANSPONSOR NEWSDASH LOGO November 24th, 2020
Insight on Plan Design & Investment Strategy Every Weekday
UpFront
Re-Enrollment in 2021—Or Not
Re-Enrollment in 2021—Or Not
Before sweeping all employees into the plan, a sponsor should consider the effects of the pandemic on its workforce.
Data and Research
COVID-19 Driving Keen Interest in Financial Wellness Programs
The programs proved to be quite effective in allaying retirement plan participants’ fears about market volatility.
Most Read
Opinions
Democrats Take Control of the Senate: What Does That Mean for Your Retirement Plan?

2020 Recordkeeping Survey
Administration
The Value of Having a Retirement Plan Committee Charter
SPONSORED BY: PIMCO
Building the Retirement Tier
The time has come for defined contribution plans to add a retirement tier – the investments, guidance and services needed…
Market Mirror
Yesterday, the Dow gained 327.79 points (1.12%) to finish at 29,591.27, the NASDAQ was up 25.66 points (0.22%) at 11,880.63, and the S&P 500 increased 20.05 points (0.56%) to 3,577.59. The Russell 2000 climbed 32.96 points (1.85%) to 1,818.30, and the Wilshire 5000 closed 296.26 points (0.80%) higher at 37,319.44.

The price of the 10-year Treasury note was down 3/32, increasing its yield to 0.856%. The price of the 30-year Treasury bond decreased 31/32, bringing its yield up to 1.562%.
Compliance
IRS Modifies CARES Act Due Date for DB Plan Contributions
The extended due date for contributions could help plan sponsors reduce PBGC variable rate premiums.
IRS Publishes 2020 Required Amendments List
There are no changes in requirements that generally require an amendment, but there are two changes that may require one.
Benefits
Experience and Expectations Show the Need for More Flexible Benefits
The effect of the COVID-19 pandemic on employees creates a need for more flexible leave and PTO policies, caregiving support, and health and well-being benefits, according to Mercer research.
SPONSORED BY: Natixis Investment Managers
Expert Voice: Ed Farrington
Executive Vice President, Institutional and Retirement, for Natixis Investment Managers
Small Talk
ON THIS DATE: In 1859, “On the Origin of Species by Means of Natural Selection” by British naturalist Charles Darwin was published in England. In 1960, Philadelphia Warrior Wilt Chamberlain snagged 55 rebounds in a game against the Boston Celtics and set an NBA record for the most rebounds in a single game. In 1963, at 12:20 p.m., in the basement of the Dallas police station, Lee Harvey Oswald, the alleged assassin of President John F. Kennedy, was shot to death by Jack Ruby, a Dallas nightclub owner. In 1971, hijacker Dan Cooper, known as D.B. Cooper, parachuted from a Northwest Airlines 727 over Washington state with $200,000 in ransom and disappeared. It remains the only unsolved case of air piracy in commercial aviation history. In 1987, the U.S. and the Soviet Union agreed to scrap short- and medium-range missiles. It was the first superpower treaty to eliminate an entire class of nuclear weapons.
TUESDAY TRIVIA: What was eaten at the first Thanksgiving meal in 1621?
Did someone forward you this newsletter? Sign up here to get NEWSDash directly in
your mailbox!
rss icon twitter icon linkedin-in icon facebook icon
ISS MEDIA logo
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2021 Asset International Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850