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.
Advisors and Participants Don’t Agree on Retirement Readiness
A study by Allspring Global Investments reports that participants and advisors are disconnected when it comes to retirement readiness, Social Security, and Medicare
OregonSaves Secures $5M for Childcare Workers Retirement
The money from the American Rescue Plan Act will be disbursed to over 900 childcare workers in the beaver state
Employees See 401(k) Plans as Prerequisite Instead of Perk
A study released today by Vestwell finds that 89% of participants would be more likely to continue working for an employer who offers a retirement benefit
Climate-Friendly Initiative Aims to Retire Big Oil in 401(k)s
A virtual protest by the Crane Institute of Sustainability wants to dismantle the fossil fuel industry from 401(k) accounts and instead help financial institutions offer ESG-backed funds
Corporate Roundup: T. Rowe Price Appoints Company Veterans, Voya Launches QDIA
T. Rowe Price named several team members to its U.S. intermediary and retirement services channels, Voya released a new QDIA available across its managed account programs, and more
Despite Financial Optimism, Black Americans Report Retirement Fears
LIMRA’s report lists ways financial advisors can help Black Americans reach their retirement goals
As Women’s Earnings Rise, So Do Their Financial Responsibilities
An Allianz Life report finds that more women are taking on financial responsibilities as they become breadwinners of their households
Ascensus Reorganizes Retirement Business
The company also announced that it will launch sales of its PEP program with American Funds this month
401(k) Account, HSA Balances Up for 2023
At the same time, the number of participants who took a 401(k) loan in 2023 decreased, reports Bank of America
Wealth Managers Expect Active Funds to Outperform in 2024
The findings comes as 58% of firms say active funds outperformed in 2023, reports Natixis