Sponsored message from Ascensus |
Why Small Business Could Mean Big Business |
Advisers angling for new business might rethink their need to hook a whale. The small plan market is now rife with opportunity. David Musto, president of Ascensus, discusses how to seize this opportunity.
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Americans Favor Workplace Benefits Over Extra Salary |
Eighty percent of Americans would favor a job that offered high-quality workplace benefits over one that paid 30% more salary but no benefits, the American Institute of CPAs learned in a survey of 2,026 adults. Only 20% would prefer the job with the higher salary but no benefits.
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Ameritas Launches New Retirement Plan Platform |
It offers a comprehensive array of tools to help advisers serve retirement plan sponsors.
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Consumers Underestimate Health Care Costs in Retirement |
Consumers are greatly underestimating how much money they will need to cover health care costs in retirement, according to a survey by HSA Bank. Sixty-seven percent think they will need less than $100,000.
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Market Mirror |
Wednesday, the Dow climbed 617.70 points (2.50%) to 25,366.43, the NASDAQ gained 208.89 points (2.95%) to 7,291.59, and the S&P 500 closed 61.61 points (2.30%) higher at 2,743.78. The Russell 2000 increased 37.53 points (2.51%) to 1,530.38, and the Wilshire 5000 surged 648.27 points (2.34%) to 28,293.19.
The price of the 10-year Treasury note was up 1/32, decreasing its yield to 3.059%. The price of the 30-year Treasury bond fell 16/32, bringing its yield up to 3.344%.
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