Australia Shows What Trump’s Retirement Revolution Could Mean for Americans | Newsweek

The President continues to look to Australia for inspiration for a potential shift in the how the United States handles retirement savings in the private sector. Unlike the U.S., Australia’s retirement system uses mandatory employer-funded accounts that follow a worker from one job to the next, with supplemental savings coming from a Social Security-style plan.

Judge Blocks Colorado’s First-of-its-Kind Price Cap on Amgen’s Enbrel | Reuters

A judge has blocked Colorado from placing a price cap on the popular arthritis drug Enbrel. Colorado became the first state in the country to attempt to cap a prescription drug’s cost when the state’s Prescription Drug Affordability Board declared Enbrel unaffordable and moved to limit its price. In issuing a preliminary injunction, a federal judge said the price cap is likely to harm Amgen, the medication’s manufacturer.

Parents Growing More Comfortable Talking to Kids About Money, U.S. Bank Data Says | ABA Banking Journal

A new survey finds that while many people report growing up in homes where money is rarely a topic of discussion, that trend appears to be shifting. According to the survey from U.S. Bank, 49% of Baby Boomers said they discussed money while growing up, versus 62% of Generation Z who said the same. In addition, a majority of current parents said they feel comfortable talking to their kids about money.

How to Get Financial Advice You Can Afford | AARP

It’s a common misconception that financial advisers are only for people with large account balances or a lot of assets to manage. While many advisers’ fees are a percentage of their clients’ assets, it’s also possible to find advisers who charge an hourly rate and can help navigate individual financial decisions instead of managing your money for you.

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News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.