A New Way to Think About Building a Retirement Planning Practice | In my experience, advisers who sell start-up 401(k) plans close 3% to 6% of the time. Sometimes, the employer chooses a competitor. More often, the employer does nothing because a 401(k) plan is not a good fit for the business. Perhaps the business is too small, or the plan is too expensive.
Read more > | | Cyberfraud Is Your Concern | Must a plan’s security policies meet the duty of prudence?
Read more > | | Rolling Into IRAs | A new DC plan may be the better choice when a person changes jobs.
Read more > | | Market Mirror | Tuesday, the Dow fell 119.70 points (0.42%) to 28,583.68, the NASDAQ was down 2.88 points (0.03%) at 9,068.58, and the S&P 500 lost 9.10 points (0.28%) to finish at 3,237.18. The Russell 2000 closed 4.95 points (0.30%) lower at 1,658.31, and the Wilshire 5000 decreased 76.64 points (0.23%) to 32,988.49.
The price of the 10-year Treasury note was down 1/32, increasing its yield to 1.827%. The price of the 30-year Treasury bond decreased 4/32, bringing its yield up to 2.309%.
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