Tag: church 403(b) plans

May 7th, 2018

(b)lines Ask the Experts – Can a Church Have Two 403(b)s With Two Different Vendors?

“A church has an existing 403(b) plan with one insurance company providing the investment options.

Wednesday, the Dow fell 205.99 points (0.81%) to 25,080.50, the NASDAQ lost 64.48 points (0.90%) to finish at 7,136.39, and the S&P 500 closed 20.60 points (0.76%) lower at 2,701.58. The Russell 2000 decreased 12.30 points (0.81%) to 1,502.51, and the Wilshire 5000 shed 207.41 points (0.74%) to close at 27,853.78.

The price of the 10-year Treasury note increased 6/32, bringing its yield down to 3.122%. The price of the 30-year Treasury bond was up 2/32, decreasing its yield to 3.360%.

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