PBGC Updates Penalties for Failure to Provide Information |
New maximum civil penalties for failure to provide certain notices or other material information and for failure to provide certain multiemployer plan notices have been announced.
Read more > | | Addressing Participant Concerns | Participants do lodge complaints against their retirement plans from time to time, and all of these should be addressed, experts say. If a retirement plan sponsor ignores a participant complaint, that participant is liable to turn to the Department of Labor on his own or hire a lawyer who will do so on his behalf, says Blaine Aikin, executive chairman of Fi360.
Read more > | | Market Mirror | Wednesday, the Dow was up 18.78 points (0.08%) at 23,346.24, the NASDAQ closed 30.66 points (0.46%) higher at 6,665.94, and the S&P 500 increased 3.18 points (0.13%) to 2,510.03. The Russell 2000 gained 7.35 points (0.54%) to finish at 1,355.90, and the Wilshire 5000 closed 44.79 points (0.17%) higher at 25,794.51.
The price of the 10-year Treasury note was up 10/32, decreasing its yield to 2.651%. The price of the 30-year Treasury bond increased 27/32, bringing its yield down to 2.975%.
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