Tag: determination letter program

Compliance May 17th, 2019

IRS Determination Letter Program Remains Limited in Scope

ERISA attorneys detail the recent expansion of the IRS determination letter program, and what it means for plan sponsor clients.

Compliance May 2nd, 2019

IRS Expands Determination Letter Program

Hybrid plans and merged plans can now request a determination letter.

UPCOMING EVENT MORE

2021 Virtual PLANADVISER National Conference

Sep 27-Sep 30, 2021
Virtual Conference

MARKET MIRROR

Friday, the Dow climbed 382.20 points (1.09%) to 35,294.76, the Nasdaq closed 73.91 points (0.50%) higher at 14,897.34, and the S&P 500 increased 33.11 points (0.75%) to 4,471.37. The Russell 2000 was down 8.52 points (0.37%) at 2,265.65, and the Wilshire 5000 gained 277.05 points (0.60%) to finish at 46,547.82.

The price of the 10-year Treasury note was down 5/32, increasing its yield to 1.575%. The price of the 30-year Treasury bond decreased 28/32, bringing its yield up to 2.049%.

For the week ending October 15, the Dow increased 1.58%, the Nasdaq climbed 2.18%, and the S&P 500 finished 1.82% higher. The Russell 2000 was up 1.46%, and the Wilshire 5000 gained 1.96%.