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Insight on Plan Design & Investment Strategy Every Weekday
Automating Emergency Savings for Retirement Plan Participants
Aside from the benefit of having emergency savings, people acclimated to having retirement savings automated will likely stay with an automated process.
Balancing Longevity and Market Risk in Enhanced TDFs
A managed volatility approach can significantly improve target-date funds’ risk and return profile—especially helpful for participants near retirement.
Most Read
Data and Research
Health Care in Retirement Will Cost an Average of $315,000
Deals and People
Retirement Industry People Moves
Data and Research
401(k) vs. 403(b): Different Paths to Retirement Readiness
Ask the Experts
Can In-Service Distributions Be Rolled Over?
“Our 403(b) plan allows for in-service distributions. What is the income taxation of such distributions, and can such distributions be rolled over to another retirement plan or IRA as is the case with distributions at retirement/termination of employment?”
Market Mirror
Tuesday, the Dow increased 30.52 points (0.11%) to 27,492.63, the NASDAQ was up 1.48 points (0.02%) at 8,434.68, and the S&P 500 decreased 3.65 points (0.12%) to 3,074.62. The Russell 2000 closed 2.21 points (0.14%) higher at 1,599.61, and the Wilshire 5000 was down 32.00 points (0.10%) at 31,352.20.The price of the 10-year Treasury note decreased 28/32, bringing its yield up to 1.853%. The price of the 30-year Treasury bond fell 1 5/32, increasing its yield to 2.334%.
U.S. Business Leaders Call for SECURE Act Passage in Senate
Their plea, addressed both to Senate Majority Leader Mitch McConnell and Senate Minority Leader Chuck Schumer, comes some six months after the U.S. House passed its version of the SECURE Act.
Attorneys Argue Plan Disclosures May Not Provide Actual Knowledge of Wrongdoing
In a brief to the Supreme Court, U.S. attorneys disagree with the implication that retirement plan participants actually know all the information in the mandatory disclosures made available to them.
Small Talk
Having too much work to do and feeling pressure from employers are some reasons employees report coming into work while under the weather.
ON THIS DATE: In 1789, Father John Carroll was appointed as the first Roman Catholic bishop in the U.S. In 1860, Abraham Lincoln was elected to be the sixteenth president of the United States. In 1861, Jefferson Davis was elected as the president of the Confederacy in the U.S. In 1894, William C. Hooker received a patent for the mousetrap. In 1903, Philippe Bunau-Varilla, as Panama’s ambassador to the United States, signed the Hay-Bunau-Varilla Treaty. The document granted rights to the United States to build and indefinitely administer the Panama Canal Zone and its defenses. In 1923, Jacob Schick was granted a patent for the electric shaver. In 1962, the United Nations General Assembly adopted a resolution condemning South Africa’s racist apartheid policies and calling on all its members to end economic and military relations with the country.  In 1965, the Freedom Flights program began which would allow 250,000 Cubans to come to the United States by 1971. In 1984, for the first time in 193 years, the New York Stock Exchange remained open during a presidential election day.
WEDNESDAY WISDOM: “The man who strikes first admits that his ideas have given out”—Chinese Proverb
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