Sponsored message from PIMCO |
TDFs: Go Active Where it Matters, Passive Where it Saves |
TDFs that blend actively managed bonds with passively managed stocks may deliver superior results.
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IRS Cuts Fee for Application for Determination for Terminating Plan |
In Revenue Procedure 2018-19, the Internal Revenue Service (IRS) announced a change in the Schedule of User Fees, with respect to applications on Form 5310, Application for Determination for Terminating Plan. The fee has been reset to the 2017 level.
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Nearly Three-Quarters of Boomers Want to Delay Retirement |
“There is a disconnect between Baby Boomers’ current financial status and where they perceive themselves in retirement,” warns Richard Burns, president and CEO of The NHP Foundation. “This wishful thinking carries potential consequences that will likely have a large impact throughout all areas of the economy.”
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Market Mirror |
Tuesday, the Dow climbed 116.36 points (0.47%) to 24,727.27, the NASDAQ closed 20.06 points (0.27%) higher at 7,364.30, and the S&P 500 was up 4.02 points (0.15%) at 2,716.94. The Russell 2000 was virtually unchanged at 1,570.41, and the Wilshire 5000 gained 91.52 points (0.33%) to finish at 28,189.80.
The price of the 10-year Treasury note was down 8/32, increasing its yield to 2.888%. The price of the 30-year Treasury bond decreased 22/32, bringing its yield up to 3.125%.
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