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Employees Accept Responsibility for Retirement Security |
However, asked if they would prefer to be left to their own devices to invest or have their employer provide them a set retirement paycheck for life, 58% want the steady paycheck.
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Big New Ideas in Retirement |
The evidence is clear that the DC-plan-focused Pension Protection Act (PPA) provisions have had a tremendous impact on improving the overall retirement readiness of U.S. workers, making the PPA a model for future reforms that could potentially have as much of an impact on the retirement planning industry.
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Market Mirror |
Tuesday, the Dow gained 428.90 points (1.79%) to finish at 24,408.00, the NASDAQ closed 143.96 points (2.07%) higher at 7,094.30, and the S&P 500 increased 43.71 points (1.67%) to 2.656.87. The Russell 2000 was up 28.97 points (1.91%) at 1,543.43, and the Wilshire 5000 climbed 461.83 points (1.70%) to 27,570.76.
The price of the 10-year Treasury note decreased 4/32, bringing its yield up to 2.795%. The price of the 30-year Treasury bond was down 2/32, increasing its yield to 3.018%.
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