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.
Pension Spending Drives $1.5T in Economic Output for 2022
This spending added $224.3 billion in tax revenue at the federal, state, and local levels, found NIRS
Lively Reports 35% Surge in HSA Balances
The latest finding comes as employers list health insurance benefits as the most important feature for recruitment and retention
Biden Signs Social Security Fairness Act
In an update on Monday, the Social Security Administration said it is now “evaluating how to implement the Act”
Pension Funded Status Improved ‘Modestly’ in 2024
Pension funded status was estimated at 100% for 2024, reports WTW in their annual analysis
Doll Rings in New Year with 2025 Predictions
The second Trump presidency commencing in January will severely predict economic conditions throughout 2025
Prudential Offers ‘Baby Bonus’ to Kick Off Retirement Savings
The firm is giving babies born on Jan. 1, 2025 a $150 bonus to begin savings
TSP Surges For a Second Time in 2024
The growth is likely due to emerging trends in artificial intelligence technology
CAPTRUST Brings in $2B in Twin Deal
A total of 43 new advisors will join CAPTRUST as part of the latest acquisitions
Biden Rumored to Sign Social Security Bill on Jan. 6
The National Fraternal Order of Police posted on social media that Biden is expected to pass the Social Security Fairness Act next Monday
Americans Divided on Financial Outlooks
Yet almost all are aware of the importance in saving for retirement, finds Logica's latest study