| The New ‘60/40’ Portfolio? | | For DC plans, investment choices available to participants who prefer building their own portfolio should be expanded to include private credit and real assets, to permit greater yield and protection from inflation; globally diversified equity choices should also be increased, says Jamie Lewin, head of BNY Mellon Investor Solutions.
Read more > | | | RMDs, Hardship Withdrawals, Taxes and Your Retirement Plan Clients | | Coronavirus-related withdrawals made in 2020 were a financial lifeline for some, but they could also turn into a major tax headache for others.
Read more > | | | Market Mirror | | Tuesday, the Dow closed 127.51 points (0.39%) lower at 32,825.95, the Nasdaq was up 11.86 points (0.09%) at 13,471.57, and the S&P 500 decreased 6.23 points (0.16%) to 3,962.71. The Russell 2000 fell 40.65 points (1.72%) to 2,319.52, and the Wilshire 5000 lost 184.17 points (0.44%) to finish at 42,013.85.
The price of the 10-year Treasury note was down 1/32, increasing its yield to 1.618%. The price of the 30-year Treasury bond decreased 5/32, bringing its yield up to 2.386%.
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