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Lifetime Income Options Would Help More Americans With a Secure Retirement |
TIAA also suggests other options for helping retirement plan participants with retirement readiness.Read more > |
Ninety Percent of Investors Like the Idea of Guaranteed Income |
But only 46% know that annuities offer it, Jackson National Life found in a study done for the Insured Retirement Institute.Read more > |
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Sponsored message from Aviva Investors |
The Chairman: How Xi Jinping is shaping China’s future
Xi Jinping is set to begin another term as Chinese president—and become the most powerful Chinese leader since Chairman Mao. What does this mean for China and the world? Read about it in the latest AIQ magazine from Aviva Investors.Read more > |
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Market Mirror |
Tuesday, the Dow was up 40.48 points (0.18%) at 22,997.44, the NASDAQ was virtually unchanged at 6,623.66, and the S&P 500 increased by 1.72 (0.07%) to 2,559.36. The Russell 2000 was down 5.19 points (0.35%) at 1,497.49, and the Wilshire 5000 was virtually unchanged at 26,611.22. The price of the 10-year Treasury note was unchanged, with its yield at 2.304%. The price of the 30-year Treasury bond increased 14/32, bringing its yield down to 2.803%. |
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Ask the Experts |
Are 457(b) Plan Assets at Risk During an Acquisition? |
“We are a private tax-exempt hospital that sponsors a 457(b) plan for select management or highly compensated employees. What would happen to the 457(b) if we were acquired by another entity? Would our 457(b) assets be at risk in such a scenario?”Read more > |
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Investing |
Women Have Investment Approach That Aligns With Retirement Savings |
When asked about the investment approach that best aligns with their retirement savings objectives, the top choice overall for 30% of women was a mutual fund with a track record of outpacing the stock market over the long term.Read more > |
CITs Experience Growth |
Defined contribution plans are increasingly using collective investment trusts (CITs) in their investment portfolios, according to a recent study by global research firm Cerulli Associates. The firm credits this trend to fee sensitivity, the threat of litigation and awareness of CITs.Read more > |
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Small Talk |
ON THIS DATE: In 1767, the Mason-Dixon line was agreed upon. It was the boundary between Maryland and Pennsylvania. In 1842, Samuel Finley Breese Morse laid his first telegraph cable. In 1867, the U.S. took formal possession of Alaska from Russia. The land was purchased of a total of $7 million dollars (2 cents per acre). In 1892, the first long-distance telephone line between Chicago and New York City was opened. In 1898, the American flag was raised in Puerto Rico only one year after the Caribbean nation won its independence from Spain. In 1967, the American League granted permission for the A’s to move to Oakland. Also, new franchises were awarded to Kansas City and Seattle. In 1977, Reggie Jackson tied Babe Ruth’s record for hitting three homeruns in a single World Series game. Jackson was only the second player to achieve this. In 1997, a monument honoring U.S. servicewomen, past and present, was dedicated at Arlington National Cemetery. WEDNESDAY WISDOM: “You’re only here for a short visit. Don’t hurry, don’t worry. And be sure to smell the flowers along the way.”—Walter Hagen, American professional golfer |
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 > |