PLANADVISERdash – February 10, 2021

Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR

February 10th, 2021

Addressing Millennials’ Debt vs. Saving Dilemma

A significant number of Millennials are misinformed about when to save and invest for retirement, and they need plan sponsor help with student loan debt. Read more >

Potential for New Federal Stimulus Reshapes 2021 Market Outlooks

The slow but steady distribution of coronavirus vaccines in the U.S. and other developed nations is also having a favorable impression on the equity markets, but serious risks remain. Read more >

Pandemic Lessons: The Importance of the Savings Hierarchy

Sources agree that, without a solid foundation of advice about the ‘savings hierarchy,’ even successful investors can find themselves short of liquidity at critical times, most notably during emergencies. Read more >

MOST READ ARTICLES

2021 PLANSPONSOR Plan Adviser of the Year Nominations Open

Nominations for the 2021 PLANSPONSOR Retirement Plan Adviser of the Year awards may be made by plan sponsor clients, employers, brokers/dealers of eligible advisers, as well as from working partners of these advisers. Read more >

Some Say Union Revival Could Address Retirement Insecurity

Data from the Bureau of Labor Statistics shows the U.S. now has the fifth lowest trade union density of the 36 member nations of the Organization for Economic Co-operation and Development. Read more >

Democrats Have Won the Power to Fix Union Pensions

A bipartisan compromise solution to end the multiemployer pension crisis is urgently required, sources agree, and one could finally be forthcoming in the U.S. Congress. Read more >

Market Mirror

Tuesday, the Dow was down 9.93 points (0.03%) at 31,375.83, the NASDAQ increased 20.06 points (0.14%) to 14,007.70, and the S&P 500 decreased 4.36 points (0.11%) to 3,911.23. The Russell 2000 closed 9.24 points (0.40%) higher at 2,299.00, and the Wilshire 5000 was up 18.73 points (0.04%) aat 41,846.96. The prices of the 10-year Treasury note and 30-year Treasury bond were unchanged, with their yields at 1.164% and 1.955%, respectively.

Industry Intel Roundup—Thought Leadership

PLANADVISER is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring content from thought leadership authorities. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance.