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.
Lincoln Financial Grows Guaranteed Lifetime Income Products
The new option will be available in managed accounts and DC retirement plans
Alight CEO to Step Down
Alight's Stephan Scholl will resume his role as CEO until a successor is named
Corporate Roundup: TRPG, Hub, Prime Pensions Announce Acquisitions
The latest news from The Retirement Planning Group, PCS Retirement, Hub International, and more
Where the Candidates Stand on Social Security
As the presidential election draws closer, a look into possible Social Security policies from a Harris-Walz or Trump-Vance administration
401(k), HSA Account Balances Grow in Q2: Bank of America
The average 401(k) contribution rate held steady at 6.5%
Bipartisan Bill to Widen Savings Access for Young Employees
A new bill introduced by Rep. Brittany Pettersen would revise ERISA to expand retirement savings access for workers 18 to 21 years old
Americans Expect Inheritance to Fund Portion of Retirement
However, respondents to a Northwestern Mutual survey still expect their 401(k) or retirement account to fund most of their retirement
Student Loan Startup Summer Acquires Vault
As a result, Summer will acquire several of Vault’s assets, intellectual property, and select client contracts
Parents Prioritize College Savings Despite Shortfall
Sixty-seven percent of parents expect to pay at least some of their children's higher education, yet only 30% are on track to hit that goal, finds Fidelity
Selecting Right Investments, Budgeting for Retirement Among Top Financial Tasks
The data from Hearts & Wallets found that 60% of U.S. households sought professional advice for at least one financial task in 2024