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.
Younger Investors Favor TDFs, But Knowledge Gaps Persist
Among investors who used multiple investment types, 63% allocated towards TDFs, balanced funds, or both, finds a collaborative report by EBRI and NAGDCA
Supreme Court Supports Cornell Participants in ERISA Suit
The decision allows Cornell University employees another chance in challenging the institution's retirement plan
Former Employees Can Lose Thousands to Hidden 401(k) Fees
Former employees can be charged up a $4.55 monthly maintenance fee on 401(k) accounts
401(k) Loan Size Ticks Up for 2024
Loan size grew among all age cohorts, and even among those nearing retirement, finds T. Rowe Price
Creative Planning Buys $1B Monterey Private Wealth
As part of the acquisition, Monterey Private Wealth will continue to operate out of its office in California
Financial Finesse Designates President
Todd Lacey will serve his role as the industry sees rising demand for financial wellness solutions
State Street Launches Target-Date Platform for DC Investors
The platform will provide exposure to public markets through index strategies managed by SSGA
Schwab Expands Retail Alternative Investment Platform
Survey by the firm shows high net worth clients expect to hold at least 5% of portfolio in alternative investments
Social Security Issues: Flurry of Changes Sparks Confusion
A slide-show look at several recent matters related to customer service, eliminating fraud and updates on leadership and the 2026 COLA
Corporate Roundup: Lincoln and Bain Capital Partnership, Waverly Advisors Acquires Fiduciary Wealth
The latest news from Lincoln Financial, Bain Capital, Waverly Advisors, Fiduciary Wealth, CFP Board, and more