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Thursday, September 22, 2022
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Compliance
Maryland’s State-Run Retirement Program Officially Launches
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The program will also help employees build emergency savings through an automatic payroll deduction.
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Compliance
U.S. Drops to 18th on Natixis Retirement Index, Due to Economic Issues, Aging Population
This year’s report warns that “key risk concerns for retirement security are coming to a head in today’s rapidly changing economic environment.”
Today’s Most Read
1. Small Business “Bullishness” Helping to Drive 401(k) Growth
2. The Scramble to Make the Saver’s Match Work
3. Modern Wealth Surpasses $4B in Less Than 2 Years
PANC 2022: DEI at Work
Advisers share insights about how they are changing the composition of their firms—from entry-level positions to senior management—to better reflect the demographics of the U.S.
American Century Offers Tool to Retirement Plan Fiduciaries
The Income Blueprint tool seeks to make it easier for advisers to choose and evaluate in-plan guaranteed income products for their clients.
Previewing Plan Features
A tryout for the client removes any mystery before implementation.
Market Mirror Market Mirror Graph

Wednesday, the Dow lost 522.45 points (1.70%) to finish at 30,183.78, the Nasdaq closed 204.86 points (1.79%) lower at 11,220.19, and the S&P 500 decreased 66.00 points (1.71%) to 3,789.93. The Russell 2000 was down 25.35 points (1.42%) at 1,762.16, and the Wilshire 5000 fell 643.49 points (1.67%) to 37,914.99.

 

The price of the 10-year Treasury note was up 3/32, decreasing its yield to 3.527%. The price of the 30-year Treasury bond increased 1 2/32, bringing its yield down to 3.506%.

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