Tag: retirement plan vesting

Trends

Tracking Part-Timers’ Hours

How they count hours, implement cash-outs and find missing participants are some of the processes plan sponsors need to review for the SECURE Act’s new requirement.

Compliance February 24th, 2020

Hilton Hotels Accused of Improperly Calculating Pension Plan Vesting

The plaintiffs allege Hilton is not using an elapsed time method dictated by a prior court decision.

UPCOMING EVENT MORE

PLANADVISER Virtual: Building Your Practice in 2021

March 24, 2021 | Virtual Conference

MARKET MIRROR

Friday, the Dow gained 229.23 points (0.66%) to finish at 34,777.76, the Nasdaq closed 119.40 points (0.88%) higher at 13,752.24, and the S&P 500 was up 30.98 points (0.74%) at 4,232.60. The Russell 2000 increased 30.21 points (1.35%) to 2,271.63, and the Wilshire 5000 climbed 361.06 points (0.83%) to 44,084.98.

The price of the 10-year Treasury note was unchanged, with its yield at 1.567%. The price of the 30-year Treasury bond decreased 30/32, bringing its yield up to 2.282%.

For the week ending May 7, the Dow climbed 2.67%, the Nasdaq lost 1.51%, and the S&P 500 finished 1.23% higher. The Russell 2000 was up 0.23%, and the Wilshire 5000 increased 0.49%.

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.