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.
Corporate Roundup: Toland Opens Annuity Practice; OneDigital Acquires $900M Firm
An annuity veteran announces new consulting practice while OneDigital acquires Triad Financial Advisors, and more
Spending Spikes Linked to 401(k) Plan Withdrawals
A report by EBRI and J.P. Morgan Asset Management links 401(k) plan data with consumer banking data to understand how participants react to irregular spending
Borrowers Increasingly Stressed Over Looming Student Loan Payments
With payments starting up next month, close to half of borrowers say they feel extremely or very stressed, finds Achieve
Caregivers Worried LTC May Impact Retirement Confidence
As a result of their caregiving experience, nearly 90% say they have been influenced to plan ahead for their own long-term care needs
Inflation Fears Continue as U.S. Ranks 20th in Retirement Security
The slip is a two-point drop from 2022, finds Natixis in its just-released Global Retirement Index
401(k) Loan Activity Among Younger Workers Rises with Age
The study by EBRI and ICI found that 29% of younger 401(k) participants had an outstanding loan at some point in the five years analyzed, compared with 18% at year-end 2016
Wealthy Americans Look for Help with Financial Planning
Northwestern Mutual found 47% of high-net-worth individuals say their financial planning still needs improvement
Cetera to Purchase Avantax for $1.2B
As a part of the acquisition, Fidelity will serve as a custodial partner for Cetera
Corporate Roundup: PASI Joins USRBP, Mercer Appoints CIO
U.S. Retirement & Benefits Partners announced its acquisition of Pension Administrative Services, Mercer appointed its latest chief investment officer, and more
Qualified Plan Advisors Runs 401(k) for National 401(k) Day
The five-person team began the 250-mile run on Sunday and is expected to complete it on Friday