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Weekday news and analysis for retirement plan advisers
Wednesday, April 07, 2021
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Data & Research
Many Near-Retirees Don’t Understand Social Security Benefits
Thirty-five percent of near-retirees, those between the ages of 55 and 65, failed a basic knowledge quiz about Social Security benefits that MassMutual administered. Another 18% earned a D on the graded quiz, and mere 3% got an A+ by answering all 12 true/false statements correctly.
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FSI Expands Health Care for Member Advisers and Staff
CoveredAdvisor2.0 is delivered in collaboration with Decisely Insurance Services and Humana.
Today’s Most Read
1. Class Certified in 401(k) Plan Trustees’ Lawsuit Against John Hancock
2. Another Stressed Union Pension to Get PBGC Support
3. PPL Corp. and Mass Brigham General Face ERISA Lawsuits
RightBRIDGE Rollover Analysis Integrated With Retirement Learning Center
The partnership gives RightBRIDGE users access to detailed employer-sponsored plan data.
Sponsored by Test
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Data Points: Customization and the QDIA
Five years ago, more than 10% of plans that offered managed accounts used them as a default. Today? Our proprietary data shows usage of default managed accounts has been cut in half.
Market Mirror Market Mirror Graph

Wednesday, the Dow was up 16.02 points (0.05%) at 33,446.26, the Nasdaq was down 9.54 points (0.07%) at 13,688.84, and the S&P 500 increased 6.01 points (0.15%) to 4,079.95. The Russell 2000 closed 36.10 points (1.60%) lower at 2,223.05, and the Wilshire 5000 decreased 36.78 points (0.09%) to 42,778.86.

The price of the 10-year Treasury note was down 1/32, increasing its yield to 1.665%. The price of the 30-year Treasury bond decreased 28/32, bringing its yield up to 2.356%.

Industry Intel Roundup
Featured Webcasts
PLANADVISER is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring webcasts sponsored by experienced providers in the industry. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance.
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