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Read more > | | Addressing Participant Concerns | Participants do lodge complaints against their retirement plans from time to time, and all of these should be addressed, experts say. If a sponsor does not respond, it could risk a civil and/or DOL lawsuit.
Read more > | | The Case for Roths | In the early 1960s, Walter Mischel, a Stanford University psychology professor, devised what became known as “the marshmallow test” to study the influences of choice and self-control in young children: A child is given the option to eat one marshmallow right away, or enjoy the reward of two marshmallows if he can wait a few minutes—sitting alone in a room with both treats.
Read more > | | Market Mirror | Tuesday, the Dow increased 82.66 points (0.35%) to 23,675.64, the NASDAQ closed 30.18 points (0.45%) higher at 6,783.91, and the S&P 500 was virtually unchanged at 2,546.16. The Russell 2000 was down less than one point (0.07%) at 1,377.18, and the Wilshire 5000 was down 1.90 points (0.01%) at 26,158.25.
The price of the 10-year Treasury note increased 11/32, bringing its yield down to 2.819%. The price of the 30-year Treasury bond climbed 25/32, decreasing its yield to 3.075%.
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