401(k) Contribution Limits Increased in 2018 + Team Highlight

This past month the IRS announced that contribution limits are increasing in 2018 for 401(k), 403(b), and 457(b) plans.  Next year you’ll be able to contribute an extra $500, bringing the contribution limit to $18,500 (plus $6,000 catch-up contributions for people age 55 and older). (source irs.gov notice IRS 2017-64).

Word on the Street

Here’s a few good articles from around the industry.  These viewpoints don’t always agree, but we think they’re worth a read:

This holiday season, stuff your 401(k) as well as your turkey – from Blackrock: A quick article on five key actions to keep your 401(k) (or other retirement plans) on the right track.

We don’t have the necessary ingredients for a bear market  – from Nuveen: In his weekly commentary, Bob Doll discusses the lack of negative news that would signal a coming bear market.

Equity strategy playbook – from Oppenheimer: In their latest playbook, Oppenheimer Funds review some of the key points that lead to their views on opportunities in the market today.  If you’re looking for some data to help inform your investment opinions, there is a lot to find inside the playbook.