Sponsored message from Capital Group |
How a target date fund stayed the course |
See how the American Funds Target Date Retirement Series® has delivered in multiple markets.
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New DIETRICH Practice Aims to Provide Annuities to DC Plans |
“ANNUA is challenging the status quo around retirement savings by helping pioneer lifetime income features within 401(k)/403(b) plans at a time when participants are experiencing insufficient account balances and disappearing pensions,” the firm says.
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Ubiquity Launches Financial Wellness Feature Aimed at Small Business Employers |
Along with offering five custom target-date proposals, the feature will designate 3(38) investment advisers to assist plan sponsors with their investment fiduciary responsibility.
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Market Mirror |
Tuesday, the Dow increased 512.40 points (2.06%) to 25,332.18, the NASDAQ surged 194.10 points (2.65%) to 7,527.12, and the S&P 500 closed 58.82 points (2.14%) higher at 2,803.27. The Russell 2000 climbed 38.58 points (2.62%) to 1,508.56, and the Wilshire 5000 gained 646.29 points (2.29%) to finish at 28,904.96.
The price of the 10-year Treasury note was down 5/32, increasing its yield to 2.123%. The price of the 30-year Treasury bond decreased 1 27/32, bringing its yield up to 2.604%.
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