ADP Multiple Employer Plan Facing Excessive Fee Lawsuit |
The plan’s investment adviser is also named as a defendant, accused of helping select and retain high-cost, poorly performing funds.
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‘Gray Divorce’ on the Rise |
The rise of gray divorce, in fact, affects some couples’ retirement and estate planning efforts dramatically, says a survey recently conducted by TD Wealth Management Services. The report is based on an in-person survey conducted during the annual Heckerling Institute on Estate Planning summit, which took place in mid-January.
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Club Vita Offers Longevity Service to Segal Clients |
Segal clients in the United States will also have the opportunity to engage Club Vita’s approaches to measuring and managing plan longevity risk, including annual reporting.
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Social Security Needs YOU |
According to the most recently released financial status report from the Social Security Board of Trustees, the combined asset reserves of the Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) trust funds are projected to run out by 2035.
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Market Mirror |
Wednesday, the Dow lost 218.45 points (0.91%) to finish at 23,664.64, the NASDAQ was up 45.27 points (0.51%) at 8,854.39, and the S&P 500 closed 20.02 points (0.70%) lower at 2,848.42. The Russell 2000 was virtually unchanged at 1,263.01, and the Wilshire 5000 decreased 173.45 points (0.60%) to 28,736.42.
The price of the 10-year Treasury note was down 3/32, increasing its yield to 0.698%. The price of the 30-year Treasury bond fell 1 29/32, bringing its yield up to 1.401%.
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