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Weekday news and analysis for retirement plan advisers
Friday, November 03, 2023
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Open Enrollment Means Open Door to Participant Conversations
PA-110223-Open-Enrollment-and-Advisers-1359192216-web
While open enrollment season is generally seen as too crowded to push 401(k) saving, it is a time for many advisories to engage participants on general finances, planning and HSAs.
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Morningstar Releases Ratings for States’ 529 Plans
Only two received a gold rating among the 54 tax-advantaged education saving plans assessed.
Today’s Most Read
1. LPL Terminates CEO Arnold for Violating “Respectful Workplace” Rules
2. Charles Schwab CEO Walt Bettinger to Retire
3. DC Plan Experts See Slow, Steady Progress in Plan Personalization
Investment Product and Service Launches
Vanguard to expand municipal bond ETF lineup; Planswell expands free offering to retirees; John Hancock Investment Management expands ETF lineup; and more.
Safeguarding Proposal Remains Unpopular in Investment Industry
The same criticisms of the proposal linger, but the SEC is continuing to push ahead.
Submit Your 2024 Retirement Plan Adviser of the Year Nominations
If you work with or know of a great plan adviser or adviser team, please help PLANADVISER recognize the best in the business.
Market Mirror Market Mirror Graph

Thursday, the Dow rose 564.50 points (1.70%) to close at 33,839.08, the Nasdaq rose 232.72 points (1.78%) to close at 13,294.19 and the S&P 500 rose 79.92 points (1.89%) to close at 4,317.78. The Russell 2000 rose 44.51 points (2.67%) to close at 1,714.21, and the FT Wilshire 5000 Index rose 837.93 points (1.97%) to close at 43,301.68.

The 10-year Treasury note increased 5/32, bringing the yield to 4.663%. The 30-year Treasury bond increased 1 29/32, bringing the yield to 4.806%.

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