GDX360 Capital Market Assumptions were updated on February 19, 2023. The initial CMA (used for the first ten years of the plan) has been updated but not the Normative CMA (used from plan year 11 and beyond). The inflation assumption remains at 2.85% for the next ten years since returns for stocks and bonds is expected to rise. Risk assumptions also modestly increased. Our testing shows that 98% of plans on the 2022 CMAs will experience a plan confidence impact of -1 to +4. All plans/profiles still on the 2021 CMA’s have been updated to use the 2022 CMA’s. Any already on the 2022 CMA’s can be swapped forward over the next year.

NEW FOR 2023 – Global Plan and Profile Swap – see the CMA Swapping QRG below for instructions to globally swap all your plans and profiles at once.

CMA Differences Spreadsheet

CMA Swapping QRG

2023 CMA Presentation Slides

In this recording, Wealthcare CIO, Ron Madey, explains the changes to the GDX360 Capital Market Assumptions for 2023.

Password: WCM_2023