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Weekday news and analysis for retirement plan advisers
Thursday, September 01, 2022
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Union Pension in Puerto Rico Latest to Receive PBGC Relief
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With its latest relief payment, the Pension Benefit Guaranty Corporation has now distributed more than $7.5 billion to stressed union pension plans that cover over 152,000 workers, retirees and beneficiaries.
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Emergency Savings Features That Employees are Looking for
Workers earning low to moderate incomes are less likely to withdraw from their retirement account or take actions that jeopardize their financial futures.
Today’s Most Read
1. Nearly Half of Retirees Have No Formal Decumulation Strategy
2. 401(k)s and the Courts in 2025
3. Economic and Market Outlooks for the Year Ahead
New Territory for Income?
Advisers and providers need to help solve the decumulation challenge.
How Advisers Can Help Smaller Nonprofits
While serving the nonprofit market is comparable to serving small businesses, the market also comes with its unique set of challenges and opportunities.
Why a Regional Bank Feels Well-Positioned for Small-Plan Success
‘We, as the fiduciary adviser, can step in and leverage our investment experience and retirement insights to help business owners look out for their employees and help them prepare for retirement.’
Market Mirror Market Mirror Graph

Wednesday, the Dow lost 280.44 points (0.88%) to close at 31,510. 43, the Nasdaq sagged 66.93 points (0.56%) to 11,816.20 and the S&P 500 slipped 31.16 points (0.78%) to 3,955.00. The Russell 2000 decreased 11.48 points (0.62%) to 1,844.12 and the Wilshire 5000 sagged 295.14 points (0.74%) to 39,560.86.

The price of the 10-year Treasury note was unchanged and the yield decreased to 3.113%. The price of the 30-year Treasury bond increased 1/32 bringing the yield down to 3.214%.

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