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Weekday news and analysis for retirement plan advisers
Tuesday, February 21, 2023
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Employers Working to Address Growing Concerns for Emergency Saving
PA-021723-Emergency-Savings-1192257645-web
HR leaders are struggling to manage the array of employee stressors related to a lack of emergency funds.
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Social Security Expansion Act Would Guarantee Solvency for 75 Years
The Democrat-sponsored bill has been referred to the Republican-controlled House Committee on Ways and Means.
Today’s Most Read
1. What Makes the Best Dynamic Adviser-Recordkeeper Partnerships?
2. What Recordkeepers Want From Advisers
3. What DOL Layoffs Could Portend for EBSA's Future
Senator Pushes For Crypto Option in 401(k) Plans
Republican Senator Tommy Tuberville reintroduced a bill pushing back on DOL guidance that limits 401(k) providers offering crypto in plans.
Retirement Industry People Moves
DCIIA votes in 2023 committee members; Aon adds personnel to pooled employer plan sales group; TIAA adds wealth distribution head; and more.
SECURE 2.0 Has Passed. Now What? 
Join PLANSPONSOR, PLANADVISER and industry experts for a webinar on February 22 as we discuss the impact many provisions in the SECURE 2.0 legislation will have on plan sponsors and participants; a timeline for the issuance of new rules and regulation effective dates; and what actions plan sponsors must take now to comply with the law. 
Market Mirror Market Mirror Graph

Friday, the Dow increased 129.84 points (0.39%) to close at 33,826.70, the Nasdaq decreased 68.56 points (0.58%) to close at 11,787.27 and the S&P 500 decreased 11.32 points (0.28%) to close at 4,079.09. The Russell 2000 increased 4.14 points (0.21%) to close at 1,946.36 and the Wilshire 5000 decreased 119.10 points (0.29%) to close at 40,819.65.

The price of the 10-year Treasury note increased 3/32, bringing the yield to 3.822%. The price of the 30-year Treasury bond increased 30/32, bringing the yield to 3.871%.

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