Showing entries with the topic “Legislative/Regulatory”.
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Oct 2020Compliance Alert: IRS Announces Retirement Plan Limits for 2021
On October 26, 2020, the IRS announced the new 2021 retirement plan limits. Most limits remain unchanged, including the 402(g) elective deferral limit. The Social Security Administration (SSA) also announced that the maximum amount of earnings subject to the Social Security tax (taxable maximum) wil…
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Oct 2020This Week's Market Moves | October 26, 2020
The major stock markets ended last week marginally lower, as the stimulus stalemate, rising coronavirus cases, and uncertainty ahead of the presidential election weighed on sentiment. Below are some other insights on the markets and economy from this past week: Markets ended the week modestly low…
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Oct 2020This Week's Market Moves | October 19, 2020
Stock prices struggled to find a direction last week, as rising coronavirus cases and stimulus worries continued to dominate the headlines. While off its high for the week, the S&P 500 Index managed to eke out a modest gain of 0.2%. Here are some other insights on the markets and economy from th…
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Oct 2020This Week's Market Moves | October 12, 2020
U.S. equities delivered another solid week of gains, with the S&P 500 Index climbing to its highest level since the beginning of September. Speculation of a Democratic sweep in the upcoming election and hopes of an even bigger stimulus package is driving investor optimism. Here are some other insigh…
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Oct 2020This Week's Market Moves | October 5, 2020
The S&P 500 Index finished the week 1.5% higher, as renewed stimulus talks between House Democrats and Senate Republicans overshadowed the news that President Trump and the First Lady tested positive for the coronavirus. Here are some other insights on the markets and economy from this past week: …
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Sep 2020403(b) Retirement Plan Fee Litigation: September 2020 Update
Despite the COVID-19 pandemic, retirement plan litigation remains largely uninterrupted. We highlight the recent updates and provide a summary on the status of each of the lawsuits.
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Sep 2020Making Sense of ESG Investing
The recent outperformance of sustainable portfolios and increasing demand from investors has lead to the growing popularity of ESG Investing. We explore the basics and challenges of ESG Funds and what their future in retirement plans may hold.
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Sep 2020This Week's Market Moves | September 28, 2020
Equity markets capped off another volatile week, with the Dow finishing down 1.8%, the S&P 500 Index falling 0.6% and the NASDAQ up a modest 1.1%. Stocks have been under pressure from rising coronavirus cases and Congress’ inability to pass a stimulus package. Here are some other insights on the m…
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Sep 2020This Week's Market Moves | September 21, 2020
Stocks finished the week modestly lower, as investors reduced their bets on the tech giants and rotated into sectors which lagged during the market recovery. Here are some other insights on the market and economy from this past week: Stocks declined for the third consecutive week, with the S&P …
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Sep 2020This Week's Market Moves | September 14, 2020
Investors grapple with another week of market turbulence, as the major stock indices posted losses of 1.6% to 4.1% last week. On a year-to-date basis, the S&P 500 Index has advanced 4.8%. Here are some additional insights on the market and economy from this past week: Investors continue to grap…
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