Market Summary 1Q23

Boring Banks No More Responding to the highest inflation in decades, the Federal Reserve (“the Fed”) raised interest rates by 4.75% from a starting point of zero in just one year. The market response was dramatic, as equities fell to a low in October of 2022 before recovering somewhat in the 4th quarter. Read more […]

Plan Legislative and Regulatory Update 1Q23

SECURE 2.0 Act of 2022: What You Need to Know Now The SECURE 2.0 Act of 2022 was signed into law on December 29, 2022. In our previous update, we outlined several of the key provisions in the bill. Although many of the provisions have delayed effective dates, there are some provisions that went into […]

2023 Defined Contribution Compliance Calendar

We understand that managing a retirement plan can be challenging, especially when it comes to compliance. At NWCM, we are committed to providing you with the support you need to ensure the success of your plan. As we approach tax season, it is a great time to make sure that you are on track with […]

NWCM’s Fiduciary Focus Edition 4

Our team is pleased to present the fourth edition of NWCM’s Fiduciary Focus, a summary of key fiduciary and regulatory topics tailored especially for plan sponsors. This edition includes the following: An overview on student loan debt, emergency funds, and retirement savings An update from the DOL on ESG investments and action items to consider […]

Feel SECURE with SECURE 2.0

On December 29, 2022, the SECURE Act 2.0 was officially signed into law. The sweeping legislation builds on the 2019 SECURE Act and includes a wide range of provisions that impact retirement plans and participants. To assist plan sponsors in reviewing this major legislation, NWCM has created the following guide that covers the background and […]

2022 Market Review and Looking Forward to 2023

For most of us, the holidays are a time to reflect on the year – the accomplishments and memories made, the challenges endured, and the triumphs achieved. For investors, in contrast, the holidays mean we are that much closer to leaving a difficult 2022 behind for good. During 2022, the economic environment was dominated by […]

Plan Legislative and Regulatory Update 4Q22

On December 23rd, Congress officially passed the SECURE 2.0 Act of 2022 as part of the $1.7 trillion Consolidated Appropriations Act (“CAA”) of 2023. SECURE 2.0 was comprised of three previously proposed bipartisan retirement bills, including the EARN Act and the RISE & SHINE Act. (Click the image below to download a PDF copy and […]

Market Summary 4Q22

Return of the Old Normal The year 2022 was singularly difficult for both bonds and stocks. As the graph indicates, there were a number of key events that could be called out as the catalysts for this strain on the markets. (Click the image below to download a PDF copy and for clickable links.)

Market Summary 3Q22

The Fed: Eye of the Storm While the Ukraine crisis continues to complicate energy supplies and prices, especially in Europe, and milder coronavirus variants cause deaths in the U.S., the primary driver of short-term economic events has been the Federal Reserve (“The Fed”). (Click the image below to download a PDF copy and for clickable […]