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January 22nd, 2020 |
 | NQDC GuidanceDespite the clear distinction in the names, plan sponsors often mistakenly believe that NQDCs operate like qualified retirement plans, says Kathleen Souhrada, vice president of nonqualified and life administration at Principal Financial Group in Des Moines, Iowa.
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| Sponsored message from CUNA Mutual Retirement Solutions | | The Great Wealth Transfer | | Generations of Possibilities
Read more > | | | An Engagement Chain | | Of total participants who log in to TIAA’s website, 88% have elected to receive documents electronically. Six times more customers who receive documents electronically log in to TIAA’s website than do customers who receive only paper documents.
Read more > | | | Advisers, TPAs Will See New Web Design on OneAmerica Group Annuity Platform | |
The enhancements “build a foundation of human-centric, intuitive and seamless experiences for our stakeholders,” Sandy McCarthy, president of retirement services, says.
Read more > | | | Prolonged Low Rates and TDFs | | Fund managers have to adjust to a new normal.
Read more > | | | Market Mirror | | Yesterday, the Dow fell 152.06 points (0.52%) to 29,196.04, the NASDAQ decreased 18.14 points (0.19%) to 9,370.81, and the S&P 500 was down 8.83 points (0.27%) at 3,320.79. The Russell 2000 lost 13.74 points (0.81%) to finish at 1,685.90, and the Wilshire 5000 closed 99.81 points (0.29%) lower at 33,817.57.
The price of the 10-year Treasury note was up 5/32, decreasing its yield to 1.766%. The price of the 30-year Treasury bond increased 1 24/32, bringing its yield down to 2.227%.
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