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Insight on Plan Design & Investment Strategy Every Weekday
Putting a Price Tag on Workplace Financial Stress
According to John Hancock’s research, debt is one of the most significant indicators for financial stress, and most people are dealing with some kind of debt.
Data and Research
Military Retirement Plan Participants Need Financial Education Too
The GAO found financial literacy challenges of military members that are similar to findings about the American population in general.
Most Read
New Retirement Bill Amending ERISA Introduced in Congress
Data and Research
More Concern on the Doorstep of Retirement
Pensions Will Recoup Losses From Allianz Structured Alpha Investments
Deals and People
Principal Announces Key Platform Decisions in Wells Fargo Integration
Principal and Wells Fargo leadership have revealed their technology plans for serving the nonqualified and employee stock ownership plan sides of the combined business.
Market Mirror
Yesterday, the Dow was up 57.44 points (0.21%) at 26,827.64, the NASDAQ gained 73.44 points (0.01%) to finish at 8,162.99, and the S&P 500 increased 20.52 points (0.69%) to 3,006.72. The Russell 2000 climbed 14.66 points (0.95%) to 1,550.14, and the Wilshire 5000 closed 217.30 points (0.71%) higher at 30,650.03.

The price of the 10-year Treasury note was down 5/32, increasing its yield to 1.805%. The price of the 30-year Treasury bond decreased 9/32, bringing its yield up to 2.294%.
Law Firm Confirms SEC Examination of 403(b) Plan Investment Practices
A client alert says the SEC has sent letters to companies that administer 403(b) and 457 retirement plans asking for various details about plan investment decisions.
PBGC to Assume Responsibility of Health System’s Retirement Plans
This protection by the PBGC is one reason for a string of lawsuits that challenge other nonprofit healthcare systems’ retirement plans’ status as “church plans” under ERISA.
Allina Health System Reaches Agreement in Lawsuit Regarding Plans’ Investments
The original complaint said a provider was allowed to add any mutual fund it wished, “regardless of whether the funds were duplicative of other options, had high costs, or were performing poorly.”
Small Talk
ON THIS DATE: In 1746, the College of New Jersey was officially chartered. It later became known as Princeton University. In 1939, the first televised pro football game was telecast from New York. Brooklyn defeated Philadelphia 23-14. In 1950, the Los Angeles Rams set an NFL record by defeating the Baltimore Colts 70-27. It was a record score for a regular season game. In 1954, the Federal Republic of Germany was invited to join the North Atlantic Treaty Organization (NATO). In 1962, President John Kennedy went on radio and television to inform the United States about his order to send U.S. forces to blockade Cuba. The blockade was in response to the discovery of Soviet missile bases on the island. In 1981, the Professional Air Traffic Controllers Organization was decertified by the federal government for its strike the previous August. In 1986, President Ronald Reagan signed the Tax Reform Act of 1986 into law. In 1995, the 50th anniversary of the United Nations was marked by a record number of world leaders gathering. In 2010, the International Space Station set the record (3641 days) for the longest continuous human occupation of space. It had been continuously inhabited since November 2, 2000.
TRIVIAL PURSUITS: Which 60s and 70s TV Actor voiced The Flintstones’ alien?
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