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Volatility on Wall Street made for high trading activity in retirement plans in the first quarter of 2025, according to the Alight Solutions 401(k) Index<sup>TM</sup>.
Investor concerns about the economy caused high trading activity among retirement plan investors in March, with 0.34% of balances traded, the highest since October 2020, according to the Alight Solutions 401(k) Index<sup>TM</sup>.
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Alight has over 50 years of experience administering defined benefit plans, giving plan sponsors the important resources to manage their pension programs.
The IRS has issued a Private Letter Ruling (PLR 202434006) that provides a mechanism for employers to allow employees some level of choice about how to allocate employer contributions amongst various employee benefits.