Wealth Management
Top stories summarized by our editors
2/19/2019

Many Democrats running for president in 2020 have endorsed the idea of "Medicare-for-all," but what that means varies. Some support outlawing private health insurance, while others are interested in lowering the eligibility age for Medicare, or creating a Medicare or Medicaid buy-in option.

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Kaiser Health News
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Medicare
2/19/2019

To stay on prospects' radar without pestering them, Bryce Sanders of Perceptive Business Solutions offers seven tips. Among them are finding the right channel through which to communicate, offering new information and making periodic phone calls.

2/19/2019

The acquisition of two independent marketing organizations by Arthur J. Gallagher & Co. has led some to speculate the insurance giant may consider entering the annuity space. Jeff Leonard, head of Gallagher's North America Financial & Retirement Services division, would not confirm the speculation, but he said annuities represent a potential opportunity.

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Arthur J. Gallagher & Co.
2/19/2019

Stock returns have been about 2% lower for the past 20 years than they were for the whole period of 1951-2018, according to Richard Marston, professor of finance at the University of Pennsylvania, and they are likely to continue to lag over the next 20 years. One solution for wealthy investors is to shift more money to private equity investments, which have beaten stocks by almost 6% over the past 20 years, he says.

2/19/2019

Federal and state taxes are likely to eat into your retirement income, but some of it may not be subject to taxation, Christy Bieber writes. She offers a primer on taxes for retirees, including rules for Social Security benefits, pensions and retirement accounts.

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The Motley Fool
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Christy Bieber
2/19/2019

Financial planners would benefit from being proactive about cybersecurity this year, writes financial-services cybersecurity expert Brian Edelman. He suggests using multifactor authentication and data loss prevention tools, among other strategies.

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Brian Edelman
2/19/2019

Clients could benefit from discussing college savings with their children early to create a plan that puts child and parent on the same page, suggests Ana Trujillo Limón from the Journal of Financial Planning. She writes that, according to a study by the Fidelity College Savings Indicator, 40% of parents have not talked about paying for college with their high-schoolers.

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Ana Trujillo Limón
2/18/2019

Federal Reserve Bank of San Francisco President Mary Daly says there is a possibility that no interest-rate increases will be imposed in 2019, as long as the economy progresses as expected. Her comments echo remarks made last month by Fed Chairman Jerome Powell, who said "the case for raising rates has weakened somewhat."

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Fed, Mary Daly, Jerome Powell
2/18/2019

A study from Alight Solutions found that 33% of plan sponsors want to keep balances of departed workers, up from 27% in 2014. Among the moves companies are making to retain balances are adding fund choices and making it simpler to roll in money from other retirement accounts.

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Alight Solutions
2/18/2019

Research shows that a 1% increase in fees can result in a nearly 30% lower retirement account balance after 35 years. "If you save a respectable $10,000 per year into your retirement, you'd have to work an extra five years to make up for the loss caused by that 1% fee difference," notes financial author Bob Sullivan.

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Forbes
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Bob Sullivan