Yes, you're in the right place We’re excited that your workplace retirement plan is coming to Empower Retirement. As this transaction unfolds, you’ll notice there’s plenty to be excited about.
Effective April 1, 2022, Empower officially acquired the full-service retirement business of Prudential. For more details, review the important information PDF opens in a new window associated with the acquisition.
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STEP 1. Confirm a few key details about your Empower 401(k) First, get together any information you have on your Empower 401(k). It’s okay if you don’t have a ton, but any details like an old account statement or an offboarding e-mail from your former HR team can help. 401(k) paperwork can be confusing, so just focus on identifying the following items:
401k Calculator Retirement Checklist ... Retirement Plans ... Empower Your Dream.
401K Savings Plan with Company Match; Cash Balance Retirement Plan; Vacation. Paid Time Off – Vacation, Holidays, Flex, Sick; Education/Training/Wellness. Education Reimbursement Program; Employee Assistance Program (EAP) for Professional, Confidential Counseling; Other. Flexible Spending Accounts (Health Care, Dependent Care, Transportation)
A Simplified Employee Pension (SEP) IRA is a retirement plan that allows for higher, tax-deductible contributions, tax-deferred growth, hassle-free account maintenance, and a flexible contribution schedule, making it a good choice for small business owners and self-employed individuals.
We are an innovative retirement organization driven to empower our customers for a successful today and a secure tomorrow. Disclaimer The retirement plan information that appears on ORS websites is intended to summarize basic provisions of Public Acts 300 of 1980, 240 of 1942, 182 of 1986, and 234 of 1992, as amended.