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November 27th, 2019
Insight on Plan Design & Investment Strategy Every Weekday
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Administration
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DB Plan Cash Flow Needs Are Greater Than Ever
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In these days of low interest rates, and following money market reform, investing strategies are needed to meet cash-flow needs from retiring Baby Boomers and pension risk transfer actions. 
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Ask the Experts
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Rolling a Roth IRA Into a 403(b) Plan
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“One of our older participants has some IRAs that she wishes to roll over into our 403(b) so that she can avoid taking required minimum distributions on them until she retires from here (she is 68, and plans on working here as long as she can). Our plan does accept rollovers so I believe that action is fine from our perspective, but I noticed that one of her IRAs is actually a Roth IRA. Would different rules apply to that?”
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SPONSORED BY: American Century Investments
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The Making of a Glide Path
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Understanding the Impact of Design Decisions on Retirement Outcomes 
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| Economic Events |
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Sales of new single‐family houses in October were at a seasonally adjusted annual rate of 733,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.7% below the revised September rate of 738,000, but is 31.6% above the October 2018 estimate of 557,000.
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| Market Mirror |
Tuesday, the Dow closed 55.21 points (0.20%) higher at 28,121.68, the NASDAQ increased 15.45 points (0.18%) to 8,647.93, and the S&P 500 climbed 6.88 points (0.22%) to 3,140.52. The Russell 2000 was up 2.33 points (0.14%) at 1,624.23, and the Wilshire 5000 gained 68.22 points (0.21%) to finish at 32,028.42.
The price of the 10-year Treasury note increased 23/32, bringing its yield down to 1.739%. The price of the 30-year Treasury bond climbed 28/32, decreasing its yield to 2.177%.
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SPONSORED BY: Optum Bank
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Is financially preparing for a chronic condition possible?
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To understand consumers’ needs and concerns about health saving and spending related to managing chronic care conditions, Optum Bank® conducted qualitative research with patients and caregivers who are currently dealing with a range of chronic conditions.
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Americans would rather receive a debt payoff than a Christmas present, a survey found. But, having debt can significantly affect retirement confidence, and debt control management should be considered in retirement planning.
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ON THIS DATE: In 1779, the College of Pennsylvania became the University of Pennsylvania. It was the first legally recognized university in America. In 1934, bank robber George “Baby Face” Nelson was killed by FBI agents near Barrington, Illinois. In 1963, President Lyndon B. Johnson delivered his first address to a joint session of Congress. In 1973, the Senate voted to confirm Gerald R. Ford as vice president after the resignation of Spiro T. Agnew. In 1978, San Francisco Mayor George Moscone and City Supervisor Harvey Milk, a gay-rights activist, were shot to death inside City Hall by Dan White, a former supervisor. In 2008, the ocean liner Queen Elizabeth 2 (QE2) was taken out of service after more than 30 years.
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