Tag: church retirement plan

Compliance September 4th, 2018

Court Order to Pay Pensions Leads Archdiocese of San Juan to File Bankruptcy

The U.S. Supreme Court denied the archdiocese’s application for a temporary reprieve from a court order to pay $4.7 million to both retired and active teachers; however, filing for bankruptcy temporarily freezes all litigation.

UPCOMING EVENT MORE

PLANADVISER Virtual: Building Your Practice in 2021

March 24, 2021 | Virtual Conference

MARKET MIRROR

Thursday, the Dow gained 433.79 points (1.29%) to finish at 34,021.45, the Nasdaq was up 93.31 points (0.72%) at 13,124.99, and the S&P 500 closed 49.46 points (1.22%) higher at 4,112.50. The Russell 2000 climbed 35.81 points (1.68%) to 2,170.95, and the Wilshire 5000 increased 447.73 points (1.06%) to 42,656.28.

The price of the 10-year Treasury note was down 2/32, increasing its yield to 1.658%. The price of the 30-year Treasury bond was up 4/32, decreasing its yield to 2.393%.

Industry White Papers

The Decumulation Conundrum: Income In Retirement A record number of Americans are currently in retirement, and people are living longer.
Ascending Through the Fire With an Evolving Fiduciary Governance Approach Learn about the opportunity plan advisers have to position themselves as a chief governance officer with plan sponsors.