May 22nd, 2020

IRS Publishes 2021 HSA Max Inflation Adjustment Each year, the Internal Revenue Service adjusts its annual contribution limitations for health savings accounts to account for inflation. Read more > FPA Upgrades Website, Unveils New Branding Elements The Financial Planning Association says it is making the improvements at a time when Americans need financial planning assistance more than ever before. Read more > Coronavirus News for Plan Advisers Focused editorial analysis of market movements, business challenges and legislative and regulatory actions. Read more > Investment Product and Service Launches LeafHouse and Empower partner on managed accounts; Pacific Funds partners with Oranj on income-focused mutual funds; American Century Investments releases online TDF tool; and more Read more > MOST READ ARTICLES

‘Gray Divorce’ on the Rise The trend points to increased financial risk in retirement. Read more > Social Security Needs YOU Advisers are asked to advocate for the program’s reform. Read more > Market Mirror Thursday, the Dow decreased 101.78 points (0.41%) to 24,474.12, the NASDAQ fell 90.90 points (0.97%) to 9,284.88, and the S&P 500 lost 23.10 points (0.78%) to finish at 2,948.51. The Russell 2000 was virtually unchanged at 1,347.56, and the Wilshire 5000 closed 199.48 points (0.66%) lower at 29,925.90.   The price of the 10-year Treasury note was virtually unchanged, with its yield at 0.678%. The price of the 30-year Treasury bond was up 1/32, decreasing its yield to 1.395%.

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