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Weekday news and analysis for retirement plan advisers
Wednesday, December 28, 2022
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How Does One Implement a Student Loan Matching Benefit?
PA-12272022-Student Loan Matching
SECURE 2.0 allows sponsors to offer retirement matching contributions for participant student loan payments.
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Financial Advisers Increasingly Land Clients Through Social Media
41% of advisers told Broadridge they generated clients through social media, up from 34% in 2019.
Today’s Most Read
1. Many Providers Are Prioritizing Participant Financial Advice in 2023
2. OneDigital Acquires $500M Florida Retirement and Wealth Management Shop
3. A Reminder to Avoid Fraudulent Hardship Withdrawals
BNY Mellon Dismissed, Alight, Colgate-Palmolive Remain in Retirement Theft Lawsuit
A District Court judge dismissed BNY Mellon from an ERISA lawsuit, leaving defendants Alight Solutions and the Colgate-Palmolive employee relations committee. 
2023 Retirement Plan Adviser of the Year Nominations Are Open
We need your help recognizing the best advisers and adviser teams in the country. Nominations are now being accepted in six categories: Plan Sponsor Service; Plan Participant Service; Mentorship; Efforts in Diversity, Equity and Inclusion (DEI); Community Impact and Giving Back; and Closing the Coverage Gap. Self-nominations are not allowed, and nominations for the Plan Sponsor Service and Plan Participant Service categories can only come from plan sponsor clients. Nominations close January 15, so make your submission soon.
2023 Plan Sponsor of the Year Nominations Are Open
Do you know of or work for a plan sponsor that goes above and beyond to make retirement security a reality for employees?
Market Mirror Market Mirror Graph

Tuesday, the Dow increased 37.63 points (0.11%) to close at 33,241.56, the Nasdaq lost 144.64 points (1.38%) to close at 10,353.23 and the S&P 500 decreased 15.57 points (0.41%) to close at 3,829.25. The Russell 2000 lost 11.42 points (0.65%) to close at 1,749.52 and the Wilshire 5000 lost 178.68 points (0.47%) to close at 37,931.74.

The price of the 10-year Treasury note decreased 30/32, bringing the yield up to 3.851%. The price of the 30-year Treasury bond decreased 2 0/32, bringing the yield up to 3.935%.

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