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.
Older Workers’ Retirement Security Threatened by Student Debt Hurdles
New report by the Schwartz Center for Economic Policy Analysis shows challenges older employees encounter in paying down student loan debt while saving for retirement
Ascensus Joins T. Rowe Price in 529 Partnership
Ascensus will provide recordkeeping and account servicing for over 675,000 account owners under T. Rowe Price's four 529 programs
Self-Directed 401(k)s Grow 5.8% in Q1 2024
Schwab's latest SDBA Indicators Report shows accounts grew to $328,239 in Q1 2024
‘Fiduciary-Grade’ Advisors More Likely to Secure Higher 401(k) Returns
Employee Fiduciary finds that advisors who incorporate "fiduciary-grade" investment advice are likelier to produce enhanced returns for clients
Nine Insurance Trade Groups Sue DOL Over Fiduciary Rule
The lawsuit is the second since the DOL announced its new rule in April
Merrill Cyber Leak Exposes Walmart 401(k) Participants
Impacted 401(k) participants will have access to a two-year membership with an identity theft protection service
Younger Generations Open to Paying Higher Taxes for Medicare Security
The data also finds that 65% believe Medicare won't be available during retirement
This Idyllic Suburb is the Best Small Town for Retiree Living
The report by GoBankingRates analyzes the best small towns for those looking for a tranquil retirement
Savers Still Unaware of 529 Features
A recent survey from Edward Jones finds that 75% of Americans are uninformed about the full benefits that 529 plans offer
401(k) Account Balances Reach Record Levels
The analysis by Fidelity Investments finds that balances increased across 401(k), IRA, and 403(b) accounts