Tag: lifetime income disclosures

Compliance May 5th, 2022

Senate Legislation Calls for Expanded Lump-Sum Payment Disclosures

The bill’s cosponsors say workers need better information about how the choice of a lump-sum buyout of their lifetime pension could undermine their financial future.

Compliance December 14th, 2017

Lawmakers Introduce Legislation to Increase Plan Access and Lifetime Income

In addition to expanding access to MEPs, the bill would facilitate lifetime income disclosure and clarify the current annuity selection safe harbor.

MARKET MIRROR

Friday, the Dow gained 34.87 points (0.10%) to close at 34,429.88, the Nasdaq lost 20.95 points (0.18%) to close at 11,461.50 and the S&P 500 lost 4.87 points (0.12%) to end trading at 4,071.70. The Russell 2000 increased 11.16 points (0.59%) to close at 1,892.84 and the Wilshire 5000 decreased 30.27 points (0.07%) to close at 40,503.14.

The price of the 10-year Treasury note increased 1/32, bringing the yield down to 3.501%. The price of the 30-year Treasury bond increased 1 2/32, bringing the yield down to 3.541%.

MARKET MIRROR Week’s-worth

For the week ending December 2, the Dow gained 0.24%, the Nasdaq increased 2.09% and the S&P 500 gained 1.13%. The Russell 2000 gained 1.27% and the Wilshire 5000 finished 1.21% higher.