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.
New Bill Opens TSP Contributions for Veterans
The FORWARD Act would allow qualified retirees and veterans to make voluntary contributions to TSPs
Plans with Automatic Features Boast Stronger Account Balances
401(k) plans with auto features have higher account balances of $50,000, reports BoFA
SDBA Balances Rebound for Q2
Average account balances increased 8.1% year-over-year, according to Schwab
Transamerica Hires New Retirement Solutions Head
Jason Frain will lead product strategy and development on Transamerica’s retirement solutions side
DOGE Compromised Social Security Data, Whistleblower Claims
DOGE staffers created a live copy of data and uploaded it to an unsecured cloud environment, a top official with the SSA states
Aon PEP Assets Reach $5B
Aon credits the plan’s lower fees, investment options, and plan management for the increase
GOP Senators Urge DOL to Mandate Safe Harbors in Private Equity EO
Senators argue that such protections are necessary for plan sponsors and fiduciaries
Lincoln Financial Upgrades Fixed Indexed Annuities
The new FIAs provide more options for growth and diversification while offering protection, Lincoln says
Northern Trust Rolls Out Fixed Income ETF Suites
The three suites comprise of 11 funds and will be included under Northern Trust’s new brand
Sharebuilder 401k Offers Savings on Safe Harbor Plans, Empower Renews MTA NY Deal
The latest news from Sharebuilder 401k, SS&C Technologies, Empower, Ascensus, Manulife, Transamerica, and more