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Sponsored message from Capital Group |
Description: Your employees go above and beyond. |
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Market Mirror |
Tuesday, the Dow was up 33.98 points (0.13%) at 27,110.80, the NASDAQ gained 32.47 points (0.40%) to finish at 8,186.02, and the S&P 500 closed 7.73 points (0.26%) higher at 3,005.69. The Russell 2000 lost 6.31 points (0.40%) to finish at 1,578.29, and the Wilshire 5000 increased 62.64 points (0.20%) to 30,780.56. The price of the 10-year Treasury note was up 3/32, decreasing its yield to 1.811%. The price of the 30-year Treasury bond increased 32/32, bringing its yield down to 2.273%. |
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Compliance |
U.S. Argues for CalSavers ERISA Preemption in Court Filing |
U.S. Attorneys have filed a Statement of the Interest of the United States in a lawsuit, offering evidence that the state-run auto-IRA program is preempted.Read more > |
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Ask the Experts |
Can a 401(a) Plan Account be Rolled Into a 403(b) Plan? |
“I recently left the employ of a public school system where I had a 401(a) account. I will now be teaching at a private school that offers a 403(b) plan. I am receiving conflicting advice about whether I can rollover tax free my 401(a) funds into my new employers 403(b) plan. Can the Experts help? Thanks!”Read more > |
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Small Talk |
ON THIS DATE: In 1793, President George Washington laid the actual cornerstone of the U.S. Capitol. In 1851, the first issue of “The New York Times” was published. In 1891, Harriet Maxwell Converse became the first white woman to ever be named chief of an Indian tribe. The tribe was the Six Nations Tribe at Towanda Reservation in New York. In 1927, Columbia Phonograph Broadcasting System made its debut with its network broadcast over 16 radio stations. The name was later changed to CBS. In 1947, the United States Air Force was established as a separate military branch by the National Security Act. In 1955, the “Ed Sullivan Show” began on CBS-TV. The show had been “The Toast of the Town” since 1948. In 1981, a museum honoring former President Gerald Ford was dedicated in Grand Rapids, Michigan. In 2003, Robert Duvall received a star on the Hollywood Walk of Fame. WEDNESDAY WISDOM: “Many a trip continues long after movement in time and space have ceased.”—John Steinbeck, American author |
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