Free Toasters to Free 1% Match

Free Toasters to Free 1% Match Four decades ago, savings and loans and banks lured customers to deposit their money by giving toasters away. Today, we are hearing a free 1% "match" for encouraging...


ESG Factors Can Be Incorporated when Selecting Plan Investments

Please access our summary of the Labor Department’s long awaited final rule on Financial Factors in Selecting Plan Investments here. We find the approach in the investment selection process for...


Philip Chao featured in CNBC article "Retirement savers seek safe havens within their 401(k) plans. They may regret it later."

Key Points Eighteen of 21 trading days in October saw 401(k) investors favor fixed income (like stable value, money market and bond funds) versus stock funds, according to Allight Solutions....


Overview of Q3 2022 - Is The US Economy Bending or Breaking?

The third quarter is this continuation of second quarter, and the fourth quarter coming up is a continuation of third quarter. Much of that is a developing story - nothing dramatic in the sense that...


How Will The Market React To The Midterms?

Elections always bring uncertainty to the market. Midterm elections especially, since historically the current party in charge tends to lose seats, but there's no guarantee of that happening. In...


FOMC, November 2, 2022, Press Release – What has changed?

Summary: Modest growth in spending and production have softened. (No change) Job gains have been robust in recent months, and the unemployment rate has remained low. (No Change) Inflation remains...


ECB Press Release October 27, 2022 – What Has Changed?

Summary Decided to raise the three key ECB interest rates by 75 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility...


Philip Chao featured in CNBC article "Billions of Dollars Get Left Behind: The 401(k) industry now has a 'lost and found' for your old retirement accounts."

Key Points Fidelity Investments, Vanguard Group and Alight Solutions - three of the largest administrators of 401(k) plans - are teaming up to reconnect workers with savings left behind at old...


FOMC, September 21, 2022, Press Release - What has changed?

  Summary: Modest growth in spending and production have softened. (Change) Job gains have been robust in recent months, and the unemployment rate has remained low (No Change) Inflation...


ECB Press Release September 8, 2022 – What Has Changed?

Summary Decided to raise the three key ECB interest rates by 75 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending...