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.
Now Is the Time for Emergency Savings
SecureSave's Suze Orman and Devin Miller explain why employers are best equipped to incorporate emergency savings into their benefits package now
Employers Taking a More Proactive Approach to Financial Wellness
J.P. Morgan's latest survey finds 85% of plan sponsors feel a strong sense of responsibility towards employees' financial wellbeing
The Case for Retirement Planning ‘Guardrails’
A WSJ op-ed asserts that employers must set "guardrails" on investment options for optimized retirement planning outcomes
Corporate Roundup: Cetera and Securian Financial Acquisition, Latest Products at The Standard
Cetera acquires the retail wealth and trust business of Securian Financial, The Standard announces new products to its recordkeeping platform, and more
Americans in High-Cost Cities Could See Smaller Social Security Benefits
A brief by the CRR at Boston College draws on arguments that Americans who live in expensive cities could face smaller Social Security benefits due to the program's formula
U.S. Fund Fees Steadily Declined in 2022
Morningstar finds the asset-weighted average expense ratio of U.S. funds fell from 0.40% in 2021 to 0.37% in 2022
ESOP Workers Report Higher Retirement Account Balances
Workers of employee stock ownership plans had a median account balance of $80,500, compared to $30,000 for the average 401(k) participant
TIAA Sued For MOVEit Cyber Hack
A former employee of TIAA said the company failed to protect victims' personally identifiable information
Non-Retired Americans Expect to Earn $5,000 Monthly in Retirement
Schroders surveyed Americans on their expected monthly income throughout their golden years, finding that the average said they will need $4,940 a month during retirement
Nuveen Extends TDF Platform with New Lifetime Income Series
The Nuveen Lifecycle Income Series is structured as a CIT and is only available to qualified retirement plans