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Is the Stock Market Different This Time + 401k Contribution Limits

Each week, the Stokes Family Office staff puts together a list of our favorite news and updates on financial planning, portfolio construction, tax and estate planning, retirement plan services and/or anything we found interesting. Enjoy this week’s curated list for your weekend reading!

 

 

šŸ“™ WHAT IF THIS TIME IS DIFFERENT FOR THE STOCK MARKET?

Ben Carlson | A Wealth of Common Sense

Despite all of that nasty stuff that occurred the stock market was up 10% per year. Can I guarantee this will continue? Of course not. Does that mean you should abandon the stock market? Iā€™m not going to. You could make the case the stock market is one of the last remaining sane institutions in this country.
Click here to read more.

 

 

šŸ“˜ IRS ANNOUNCES 401K CONTRIBUTION LIMIT FOR 2024

Katherine Mayer | SHRM

Employees will be able to sock away more money into their 401(k)s next year. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the Thrift Savings Plan for federal employees, the IRS announced Nov. 1. That’s a $500 jump from the 2023 limits.

Click here to read more.

 

 

Want to hear more from our team? Check out the Lagniappe Podcast.Ā 

 

 

Have a great weekend!

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