March 14th, 2022 Insight on Plan Design & Investment Strategy Every Weekday Data and Research Researchers Uncover Different Way to Encourage Retirement Savings Research examined the effects of establishing future dates as new beginnings and opportunities to save for retirement Deals and People Retirement Industry People Moves TRA adds director of client services and Ameritas announce new executive vice president. Most Read Compliance Judge Dismisses Pfizer 401(k) Plan Fee Lawsuit Products Agilis Launches Lifetime Income Tool PensionBuilder Benefits Retirement Benefits Remain a Sticking Point in Boeing Strike Economic Events Tomorrow, the Bureau of Labor Statistics will reveal the producer price index for February. Wednesday, the Census Bureau will report about retail sales for February and business trade for January. Thursday, the Labor Department will issue its initial claims report, Freddie Mac will update average mortgage rates for the week, and the Census Bureau will report about housing starts for February. Friday, the National Association of Realtors will report about existing home sales for February. Market Mirror Friday, the Dow closed 229.88 points (0.69%) lower at 32,944.19, the Nasdaq lost 286.15 points (2.18%) to finish at 12,843.81, and the S&P 500 decreased 55.21 points (1.30%) to 4,204.31. The Russell 2000 was dropped 32.00 points (1.59%) to 1,979.67, and the Wilshire 5000 fell 638.29 points (1.49%) to 42,305.60. The price of the 10-year Treasury note was unchanged, with its yield up to 1.998%. The price of the 30-year Treasury bond was up 4/32, decreasing its yield to 2.350%. For the week ending March 11, the Dow decreased 1.99%, the Nasdaq fell 3.53%, and the S&P 500 lost 2.88%. The Russell 2000 was down 1.06%, and the Wilshire 5000 finished 2.83% lower. Compliance TRENDING: DOL Announces Fiduciary Responsibilities Webcast Series The three-part series will cover how ERISA applies to employer-sponsored retirement and health plans and offer information about avoiding common problems. Products intellicents Offers Financial Planning for Participants Through New App The lifesteps app collects participant data to provide a foundational financial plan for every participant. Small Talk ON THIS DATE: In 1794, Eli Whitney received a patent for his cotton gin. In 1879, Albert Einstein was born, the son of a Jewish electrical engineer in Ulm, Germany. In 1900, U.S. currency went on the gold standard with the ratification of the Gold Standard Act. In 1914, Henry Ford announced the new continuous motion method to assemble cars. The process decreased the time to make a car from 12.5 hours to 93 minutes. In 1950, the Federal Bureau of Investigation instituted the “Ten Most Wanted Fugitives” list to publicize particularly dangerous fugitives. In 1964, Jack Ruby, the Dallas nightclub owner who killed Lee Harvey Oswald—the accused assassin of President John F. Kennedy—was found guilty of the “murder with malice” of Oswald and sentenced to die in the electric chair. In 2018, English theoretical physicist Stephen Hawking, who was best known for his work on the physics of black holes and for the book “A Brief History of Time: From the Big Bang to Black Holes” (1988), died at age 76. SURVEY SAYS RESPONSES: Last week, I asked NewsDash readers, “How do you feel about your work-life balance and how often do you work outside of normal business hours?” The majority indicated they were at least somewhat satisfied, although a majority also reported they work outside normal business hours and on vacation. Readers shared some “rules to live by” for achieving better work-life balance. In general comments, most seemed satisfied with their work-life balance. But, the few that are not shared what they thought contributed to their dissatisfaction. Many commenting readers shared that working from home during the pandemic gave them better work-life balance, but that’s because they set rules for themselves. Editor’s Choice goes to the readers who said: “Just do it! Closely guard your personal life and don’t let those lines blur. You don’t want ‘she was a great employee’ on your tombstone,” and “It should be called life-work balance!” A big thank you to all who participated in our survey! Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850