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Total money market mutual fund assets decreased by $410 million to $2.727 trillion for the week ended Wednesday, May 4, the Investment Company Institute reported . Taxable government funds decreased by $3.52 billion, taxable non-government funds decreased by $1.05 billion, and tax-exempt funds increased by $4.16 billion.Recommended Stories
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The new retirement bill, aimed at expanding retirement coverage for workers not covered by an employer plan, would likely lead to worse retirement outcomes for most Gen Z and millennial workers, according to the Morningstar Center for Retirement's new research.
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Future Proofing Your Workforce: Unlocking Employee Loyalty With Pet-Friendly Benefits
Today’s employees are more likely than ever to seek workplaces that support their lives as pet parents. Discover how offering pet-friendly benefits can boost employee loyalty, improve office attendance, and enhance overall satisfaction in this eBook.
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Sponsored by Gallagher
Learn key strategies to help ensure nondiscrimination testing (NDT) compliance and strengthen your workforce retirement plans. This guide provides actionable insights to keep plans compliant and attractive.
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How Does a Lower Federal Funds Rate Impact Pension Plans?
Discover why the latest Federal Funds Rate cut could bring more than a ripple effect to your pension plans. This comprehensive guide breaks down potential shifts in long-term interest rates and offers strategic actions to protect your balance sheet.
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