Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with nearly a decade of experience and a passion for telling stories and reporting news. She is originally from Queens, New York, but now resides in Denver, Colorado.
Just 20% of Adults Receive Financial Education in High School
A survey by Edward Jones and Morning Consult find that most adults learn about financial education after high school, while 18% never receive education at all
‘Late’ Boomers Faced the Most Impact During the Great Recession
The CRR at Boston College explains how the Great Recession, among other factors, continues to affect Baby Boomers' retirement savings today
‘Peak 65’ Women Show Interest in Annuities, Despite Unfamiliarity
New study by Alliance for Lifetime Income and CANNEX explores how future retirees are using protected income to afford retirement
Ameritas 401(k) Faces ERISA Suit
Three former employees allege Ameritas failed to review the plan's investment portfolio to ensure proper performance and cost
More Americans Plan to Rely on Artificial Intelligence
A Nationwide Retirement Institute survey found a higher number of aging Americans are open to utilizing AI tools for everyday needs
Corporate Roundup: ShareBuilder Offers 401k Safe Harbor, TIAA RetirePlus Passes Milestone
ShareBuilder reveals new 401(k) product, TIAA exceeds 250,000 participants on its RetirePlus product, and more
Vestwell Acquires Student Loan Benefits Provider
The deal will add new products to the Vestwell platform, including programs that manage and allocate funds to student debt, contribute to education savings accounts, and refinance student loans
GAO Asks DOL to Focus on 403(b) Plans
The report looks at improvements that Department of Labor could make in supporting ERISA and non-ERISA 403(b) plans
SEC Rule Requires Companies to Report Cyber Hacks Within 4 Days
The new rule adopted by the SEC requires all registrants to disclose nature, scope, timing and material impact of cyber hacks
Total Annuity Sales Jump 12% in Q2
Total annuity sales climbed to $88.6 billion in the second quarter of 2023 and increased 28% in the first half of the year