Wealth Management
Top stories summarized by our editors
9/25/2018

Major US stock indexes have declined from highs of last week as concerns increase regarding the escalating trade dispute with China. Industrial stocks, which could prove most vulnerable to tariffs, have suffered some of the largest losses on the S&P 500.

9/25/2018

The confirmation of Republican Elad Roisman to the Securities and Exchange Commission this month could speed up approval of Regulation Best Interest, experts say. Industry observers say SEC Chairman Jay Clayton is now likely to bring the issue to a quick vote.

9/25/2018

House and Senate lawmakers finalized a major opioid legislative package late Monday, and it won't include a technical change to Medicare Part D's "doughnut hole" language pushed by pharmaceutical firms. The final package includes a measure by Sen. Rob Portman, R-Ohio, that would temporarily lift restrictions on use of Medicaid funds for inpatient addiction treatment.

9/25/2018

Early retirees might qualify for Affordable Care Act premium subsidies for individual health insurance if they manage income so it stays below limits, advisor Jonathan Guyton writes. Ways to do so include increasing traditional 401(k) contributions and withdrawing from excluded sources of income, such as Roth individual retirement accounts and Roth 401(k) plans.

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Jonathan Guyton
9/25/2018

A model rule proposed by the North American Securities Administrators Association would require advisors to adopt information-security policies and to share privacy policies with clients. The group seeks public comment on the proposal until Nov. 26.

9/25/2018

When deciding whether to delay Social Security or to take it early, calculate the break-even point to see how long it takes to recoup payments lost by waiting, Christy Bieber writes. Bieber suggests dividing the amount received through early claiming by the higher monthly benefit received if claiming is delayed.

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The Motley Fool
9/25/2018

Aretha Franklin's lack of a will does not necessarily mean she had no plan, Sandra Glazier writes. Glazier discusses questions surrounding Franklin's estate, including privacy issues.

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WealthManagement
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Aretha Franklin, glazier
9/25/2018

Content is king, and the person who uses it to connect with an audience and then adds value will become the leader in his or her field, writes Greg Rollett, producer and founder of AmbitiousTV. Sharing news articles does nothing to attract an audience, he says, adding that people want an expert's opinion.

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Greg Rollett
9/25/2018

The Certified Financial Planner Board of Standards is speaking out against state regulation of financial planning, hoping to pre-empt introduction of any such legislation in statehouses next year. "A patchwork of legislation around the country that's not the same -- we just don't see that as the right way to regulate this new profession of financial planning," said Richard Salmen, the board's chairman.

9/25/2018

Most high-net-worth individuals donate to charities while they are alive, rather than through wills, according to a study by the Urban Institute. However, posthumous donations tend to be much larger than contributions were during givers' last years of life, the study finds.

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Urban Institute