Market & Legal Update

MARKET: Federal Reserve Chairman Jerome Powell signals a potential slowdown in rate increases as inflation pressures show signs of easing from record levels back in June this year. LEGAL: The IRS and the Department of Labor want to make sure that contributions and loan repayments that employees make to their 401(k) and 403(b) plans are deposited on a timely basis.

MARKET: October has historically been known for significant market crashes like the one in 1929, 1987 and 2008, but even given all the volatility in the markets this year, surprisingly this October didn’t prove to be as scary. LEGAL: IRS extends amendment deadline to 2025 to adopt CARES Act amendments and provides Hurricane Ian relief.

MARKET: Markets continued to decline in September following the Federal Reserve’s assertion of their aggressive stance in Jackson Hole at the end of August. LEGAL: Significance of qualified birth or adoption distribution (QBAD) being added to the SECURE Act and how it can benefit your plan design.

MARKET: How inflation and the Federal Reserve’s response to inflation has affected the markets and investors. LEGAL: IRS Extension for Plan Amendment Deadlines and what this means for retirement plans.

MARKET: Overall global equity markets advanced higher despite record inflation. LEGAL: Learn about plan compliance for the ERISA Fidelity Bonding Requirements.

MARKET: Markets post worst first half of the year since 1970. LEGAL: IRS introduces new pre-audit compliance pilot program.

MARKET: Market volatility continues as the U.S. economy declines. LEGAL: IRS extends remote notarization and signature witnessing through December 2022.

MARKET: Stocks sell off amid credible risks to the economy. LEGAL: More retirement reform could happen soon.

MARKET: Markets advance despite war, record high inflation and rising rates. LEGAL: IRS issues new proposed regulations for required minimum distributions (RMDs).

MARKET: Russia’s invasion of Ukraine puts markets on edge. LEGAL: Supreme Court decision on excessive fees offers important reminders for plan fiduciaries.

MARKET: Who could have thought we would be missing 2021? LEGAL: The challenges of beneficiary determinations.

MARKET: Stocks capped off another banner year amid Covid-19 and rising inflation. LEGAL: Kick-off the new year by marking your calendars with important 2022 compliance requirements and deadlines.

MARKET: Omicron variant and Fed policy pivot contributes to markets declining. LEGAL: IRS issues FAQs on re-employed retirees and in-service distributions.

MARKET: S&P posts best month in nearly a year. LEGAL: Understanding how to electronically distribute your SPDs.