Investment Management Services
UMass Memorial Health employees
what you have
Your UMass Memorial pension and savings plans can play a central role in your financial future. Decisions about how much to contribute, whether to choose pre-tax or Roth, how to invest, and which pension option to select should reflect your goals, tax situation, retirement timeline, other assets, and personal priorities. We bring these decisions together in one coordinated strategy designed around the life and retirement you are working toward.
Funded by UMass Memorial rather than out of your paycheck. Eligible employees accrue toward it automatically, with no election to make until retirement, when you choose the form the benefit takes. UMass Memorial notes that its benefits vary by location, so confirm whether accrual is active at yours and for your hire date.
For many UMass Memorial employees, the 401(k) is the first account to fund because it includes an employer match. We help you determine how much to contribute, whether to use pre-tax or Roth contributions, and which investments fit your goals, risk tolerance, and retirement timeline. We also review the matching and vesting provisions that apply to you.
The 403(b) is available alongside the 401(k) to many UMass Memorial employees. If you are eligible for both, they share one annual IRS contribution limit. Because the employer match is provided through the 401(k), that plan is generally funded first. We help you determine whether to use one or both and how to divide your contributions.
what people ask us
Here’s what we look at to find yours.
Start by contributing enough to receive the full employer match. From there, choose an amount that fits comfortably within your budget, taking into account debt, emergency savings, and other financial priorities. The goal is to select a contribution rate you can maintain consistently, even during tighter periods. We’ll help you determine the right amount and revisit it as your income and circumstances change.
Pre-tax contributions lower your taxable income today, while Roth contributions can provide tax-free income in retirement. But the decision involves more than comparing tax rates. Pensions, Social Security, required withdrawals, and other income sources can all affect your future tax picture. Using both options may give you more flexibility to manage taxable income throughout retirement.
The right investments depend on many factors, including your goals, risk tolerance, time until retirement, existing holdings, and the current economic and market environment. We help you determine which options are appropriate, which to avoid, and when it may make sense to favor one investment over another as conditions and your needs change.
We evaluate any IRAs, taxable investments, old employer retirement plans, and other household assets alongside your UMass Memorial accounts. When appropriate, we can help consolidate accounts and coordinate everything within one investment strategy aligned with your goals, risk tolerance, retirement timeline, and tax situation.
If you have access to both plans, the right approach depends on your income, contribution goals, years of service, and eligibility for additional catch-up contributions. We evaluate the rules and benefits of each plan to determine which account to prioritize, or how to use both, as part of your overall retirement strategy.
Your UMass Memorial Health pension offers several monthly payment options, as well as a lump sum. Choosing the right option requires careful consideration of your retirement income needs, survivor protection, life expectancy, other assets, and estate plan. We help you integrate this important decision into your overall retirement strategy.
We evaluate your pension, retirement accounts, Social Security, other assets, expected expenses, taxes, healthcare costs, and retirement goals. We then test your plan against different market conditions and life expectancies to determine a realistic retirement date and identify the changes that could help you retire sooner.
how we work
A personalized process designed to answer your questions, clarify your choices, and integrate your UMass Memorial benefits into your broader financial life.
We discuss the decisions on your mind, your financial priorities, and what you want your benefits and savings to accomplish.
We evaluate your pension, retirement accounts, income, taxes, insurance, debts, and other assets to understand how everything fits together.
We evaluate each option within the context of your financial situation, explain the tradeoffs, and organize your decisions by timing and importance.
We help you implement the recommendations, coordinate your investments, and keep your strategy aligned as your life and financial needs evolve.
Start with the questions on your mind. We will take it from there.
We connect them with every part of your financial life, with one team coordinating the decisions that affect one another.
Your pension election, contribution strategy, Social Security, and the income your savings will need to provide throughout retirement.
Your workplace accounts and outside investments coordinated as one portfolio, aligned with your goals, retirement timeline, and risk tolerance.
How contributions, investments, withdrawals, and other income sources can be coordinated to manage taxes now and in retirement.
Whether your life and disability coverage are sufficient to protect your income, your family, and your financial plan.
Beneficiary designations, wills, trusts, powers of attorney, healthcare directives, and guardianship provisions coordinated to carry out your wishes and protect the people you care about.
Financial guidance through a change in role or employer, a move to part-time work, retirement, divorce, an inheritance, caregiving responsibilities, and other major life events.
before you get in touch
We work with UMass Memorial employees at every stage of their careers, from those beginning to build savings to those preparing for retirement.
The earlier you begin, the more opportunity you have to strengthen your financial future. Decisions about contribution rates, Roth versus pre-tax savings, investment selection, vesting, and pension benefits can have a significant long-term impact.
Choose an in-person meeting at our Westborough office or a video meeting from wherever you are. Our office is approximately 20 minutes east of the Worcester campus.
Start with whatever matters most to you, whether that is your retirement date, pension options, investment accounts, contribution strategy, or debt. We will help you understand how each decision fits into your broader financial plan.
Finivi Inc. is not affiliated with, endorsed by, or sponsored by UMass Memorial Health Care, Inc., UMass Chan Medical School, the University of Massachusetts, or any affiliated entity. These employers are named here only to identify groups of employees the firm serves. References to their benefit provisions come from publicly available employer, union, and plan materials current as of July 2026, and are included for identification and educational purposes. This material is educational and is not personalized investment, tax, accounting, or legal advice, and it is not a recommendation to buy or sell any security or to adopt any particular strategy. Everyone's situation is different. Benefits vary by hospital, hire date, and bargaining unit, and are subject to change. If anything here conflicts with a plan document or a collective bargaining agreement, those documents govern. Check the details against your own plan documents before acting, and talk to a qualified tax advisor or attorney about your specific situation. Public Service Loan Forgiveness eligibility depends on federal program rules and individual circumstances and is not guaranteed. Finivi is not a law firm or an accounting firm and does not provide legal or tax advice. Investing involves risk, including the possible loss of principal. Registration with the Securities and Exchange Commission does not imply any particular level of skill or training. Advisory services offered through Finivi Inc., an SEC Registered Investment Advisor.