State of Illinois selects Empower as retirement provider for its state employees The State of Illinois has chosen Empower to manage its 457 (b) retirement plan for approximately 62,000 state employees and approximately $4.9 billion in assets. Aug 4, 2022 Empower Institute Inflation and recession concerns are directly impacting employees
1 My Total Retirement refers to the managed account services available in the Empower Retirement Advisory Services suite of services offered by Empower Financial Services, Inc., a registered investment adviser. 2 Contributions, any earnings and withdrawals are federal income tax-free if used to pay for qualified medical expenses.
Empower Retirement was created in 1891, when parent company Great-West Lifeco was founded as an insurance provider on the Canadian prairie.  After serving more than a century of expansion and a profound evolution of service offerings, the modern iteration of Empower was launched in 2014, when the retirement businesses of Great-West Life ...
As part of the Great-West Family of Companies, Empower Retirement also leverages its relationship with Great-West Investments™ to provide a wide and complementary array of investment solutions for retirement investors. With assets under management exceeding $103 billion,2 Great-West Investments comprises:
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EmpowerMORE We make operational responsibilities easy (MORE) for your clients with a suite of services designed to help deliver a valuable retirement benefit to individuals in the plan — while making life easier for plan sponsors. Ask your sales representative to review our comprehensive services. Call 877-630-4015 Plan Service Center (PSC)
Empower Retirement offers over 100 mutual funds with good historic performances and expense ratios. As an example, here are the two highest performing Large Cap Equity funds with a track record of at least 10 years: JP Morgan Growth Advantage A - 17.41% last 10-years Historic Returns; 1.14% Expense Ratio