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| Captain Contributor Rescues Open Enrollment | |
| Datapath has created a virtual superhero to guide employees through the health benefits enrollment experience. Read more > | |
| Market Mirror | |
Monday, the Dow closed 12.60 points (0.06%) lower at 22,761.07, the NASDAQ decreased 10.45 points (0.16%) to 6,579.73, and the S&P 500 was down 4.60 points (0.18%) at 2,544.73. The Russell 2000 decreased 6.66 points (0.44%) to 1,503.56, and the Wilshire 5000 closed 52.07 points (0.20%) lower at 26,496.82.
Bond markets were closed for Columbus Day. | |
| Sponsored message from Milliman | |
| Imagine a retirement plan with predictable contributions and lifelong income. Sound impossible? We’re actuaries – we’ll show you the math. Click to watch our video. Read more > | |
| Compliance | |
| Congress Adds to Relief for Hurricane Victims | |
| The act, signed into law last week, allows tax-penalty-free withdrawals and larger loan amounts from retirement accounts than current statutory limits. Read more > | |
| From the Magazine | |
| Strategic Timing | |
| Managed account services come in many forms and provide varying levels of analysis and management, but in general they give participants greater insight into their individual situation. Sponsors first offered the accounts around 2000, and so far the uptake has been slow. For the millions of U.S. workers battling their way through the red zone, however, managed accounts could be valuable to help them answer the complex question of how to draw down their savings and, for each individual, what may be possible in his retirement. Read more > | |
| Small Talk | |
ON THIS DATE: In 1845, the United States Naval Academy opened in Annapolis, Maryland. In 1887, Thomas Edison organized the Edison Phonograph Company. In 1959, Pan American World Airways announced the beginning of the first global airline service. In 1977, Joe Namath played the last game of his National Football League (NFL) career. In 1978, the bill authorizing the Susan B. Anthony dollar was signed by U.S. President Jimmy Carter. In 1997, the Guggenheim Museum in Bilbao, Spain, opened to the public. | |
TRIVIAL PURSUITS: Not this week. | |
| Share the news with a friend! Pass the NewsDash along and tell your friends/associates they can sign up for their own copy. Read more > |
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Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com
Advertising: Paul Zampitella paul.zampitella@strategic-i.com
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