Tag: annuity provider selection safe harbor

Cover Story

A Season for Change

Advising clients about the SECURE Act’s new lifetime income safe harbor.

December 19th, 2018

Can Congress Help Change Sponsors’ Take on In-Plan Annuities?

Experts believe the annuity provider selection safe harbor provision in the Retirement Enhancement and Savings Act could limit fiduciary liability for plan sponsors offering guaranteed income in their DC plans.

Compliance January 8th, 2018

Bill Would Provide New Safe Harbor for Annuity Provider Selection

U.S. Representatives introduced the Increasing Access to a Secure Retirement Act.

MARKET MIRROR

Wednesday, the Dow lost 323.73 points (0.92%) to finish at 34,792.67, the Nasdaq was up 19.24 points (0.13%) at 14,780.53, and the S&P 500 closed 20.49 points (0.46%) lower at 4,402.66. The Russell 2000 fell 27.26 points (1.23%) to 2,196.32, and the Wilshire 5000 decreased 195.50 points (0.43%) to 45,762.46.

The price of the 10-year Treasury note was up 1/32, decreasing its yield to 1.161%. The price of the 30-year Treasury bond increased 4/32, bringing its yield down to 1.830%.