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Weekday news and analysis for retirement plan advisers
Wednesday, October 20, 2021
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From the Magazine
Masterminds of the Plan
With American businesses slowly moving back to normal—and new plan services and useful technologies emerging regularly—it may be prudent to help your clients revisit the recordkeeper marketplace.
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Deals & People
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Data & Research
Advocacy Continues for Retirement-Related Provisions in Budget Draft, Other Bills
Industry professionals who work with lawmakers in Washington say they remain hopeful that retirement security issues will be addressed in the federal government’s budget for fiscal year 2022.
Today’s Most Read
1. Human Interest Offers 3% Cash Back for New Retirement Savers
2. Retirement Industry People Moves
3. Pilot Sues American Airlines Due to ESG 401(k) Investing Strategy
Sponsored by Franklin Templeton
Voice of the American Worker
Franklin Templeton’s survey results indicate the need for financial wellness personalization.
Well-Funded HSAs Are a Retirement 'Superpower'
Having an HSA going into retirement is ‘incredibly powerful,’ experts say, because money is being saved and spent as efficiently as possible.
Cumulus Media Granted Summary Judgment in 401(k) Excessive Fee Suit
A court found a separation agreement signed by the plaintiff when his employment with the company terminated precludes the lawsuit.
Provider Recommendations
Does relying on certain ‘go-to’ providers have implications under ERISA?
Market Mirror Market Mirror Graph

Tuesday, the Dow increased 198.70 points (0.56%) to 35,457.31, the Nasdaq gained 107.28 points (0.71%) to finish at 15,129.09, and the S&P 500 climbed 33.17 points (0.74%) to 4,519.63. The Russell 2000 was up 8.07 points (0.36%) at 2,275.91, and the Wilshire 5000 closed 323.33 points (0.69%) higher at 47,060.18.

The price of the 10-year Treasury note was down 4/32, increasing its yield to 1.638%. The price of the 30-year Treasury bond decreased 32.32, bringing its yield up to 2.088%.

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