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Weekday news and analysis for retirement plan advisers
Thursday, June 24, 2021
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House Committees Build Consensus on ‘SECURE 2.0’
As evidenced by Wednesday morning’s House Education and Labor Committee hearing, retirement security is a topic where strong bipartisan consensus is possible, even in an intensely divided Congress.
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Former Employee Claims DuPont Misled Him About Benefits Availability
A federal judge has found it plausible that DuPont was misleading, based on benefits notices sent to the former participant.
Today’s Most Read
1. Principal Continues Focus on Asset Management, ‘Jet Fuel’ of the Business
2. 2023 Retirement Plan Adviser of the Year Finalists
3. With SECURE 2.0, the Cash Balance DB Plan May Be Back
BofA Rolls Out Personal Retirement Strategy
Designed for institutional and corporate retirement plan clients, PRS delivers personalized insights, guidance and tools.
BPAS and MP Partnership Focuses on Integrated Technology Solutions
Both companies offer the option to customize and manage service providers across employee benefit, payroll and accounting services.
An Age-Old Problem
Advisers often disregard life expectancy when designing financial plans.
Market Mirror Market Mirror Graph

Wednesday, the Dow closed 71.34 points (0.21%) lower at 33,874.24, the Nasdaq was up 18.47 points (0.13%) at 14,271.73, and the S&P 500 decreased 4.60 points (0.11%) to 4,241.84. The Russell 2000 increased 7.52 points (0.33%) to 2,303.47, and the Wilshire 5000 was down 3.06 points (0.01%) at 44,592.37.

The price of the 10-year Treasury note was down 2/32, increasing its yield to 1.485%. The 30-year Treasury bond decreased 26/32, bringing its yield up to 2.108%.

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