Aundrea Shuster

Written by Aundrea Shuster

Modified & Updated: 07 Mar 2024

Jessica Corbett

Reviewed by Jessica Corbett

12-facts-about-empower-retirement
Source: Businesswire.com

Empower Retirement is a leading retirement services provider dedicated to helping individuals achieve financial security and well-being in their retirement years. With a strong focus on personalized solutions and exceptional customer service, Empower Retirement offers a wide range of retirement plans, investment options, and financial tools to empower individuals to take control of their financial futures. As a trusted partner, Empower Retirement is committed to delivering innovative and comprehensive retirement solutions that align with the unique needs and goals of each client. With a deep understanding of the evolving retirement landscape, Empower Retirement continues to set new standards in the industry, ensuring that individuals have the resources and support they need to make informed decisions and secure a fulfilling retirement. In this article, we'll explore 12 fascinating facts about Empower Retirement, shedding light on its impact, services, and commitment to helping people thrive in their retirement years.

Key Takeaways:

  • Empower Retirement offers a wide range of retirement products and services, focusing on empowering individuals to save for a secure retirement. Its diverse offerings cater to unique client needs and promote financial literacy.
  • Empower Retirement prioritizes participant engagement, communication, and technology to provide a seamless and intuitive retirement planning experience. With a commitment to driving positive retirement outcomes, it serves as a trusted partner in the industry.
Table of Contents

Empower Retirement is one of the largest retirement plan providers in the United States.

Empower Retirement is a leading retirement services provider that offers a wide range of retirement solutions to individuals, employers, and retirement plan sponsors. With a strong focus on empowering people to save for a secure retirement, Empower Retirement serves over 12 million participants and manages more than $1 trillion in assets. The company's commitment to helping individuals achieve financial security in retirement has positioned it as a trusted partner in the retirement planning landscape.

Empower Retirement offers a diverse array of retirement products and services.

Empower Retirement provides a comprehensive suite of retirement products and services, including 401(k) plans, 403(b) plans, 457 plans, individual retirement accounts (IRAs), and non-qualified deferred compensation plans. Additionally, the company offers investment advisory services, financial planning tools, and educational resources to support participants in making informed decisions about their retirement savings. This diverse range of offerings underscores Empower Retirement's dedication to meeting the unique needs of its clients and participants.

Empower Retirement emphasizes financial wellness and education.

Empower Retirement places a strong emphasis on promoting financial wellness and education among its participants. Through personalized guidance, online resources, and interactive tools, the company strives to empower individuals to make sound financial decisions and take control of their retirement planning. By fostering financial literacy and providing educational materials, Empower Retirement equips participants with the knowledge and confidence to navigate their retirement journey effectively.

Empower Retirement leverages technology to enhance the participant experience.

Empower Retirement harnesses innovative technology to deliver a seamless and intuitive participant experience. The company's digital platforms and mobile applications enable participants to access their retirement accounts, monitor investment performance, and engage with educational content conveniently. By leveraging technology, Empower Retirement aims to provide participants with the tools and resources needed to manage their retirement savings efficiently.

Empower Retirement prioritizes retirement plan administration and compliance.

Empower Retirement excels in retirement plan administration and compliance, offering robust solutions to help employers manage their retirement plans effectively. The company's administrative services encompass plan design, recordkeeping, compliance testing, and reporting, ensuring that retirement plans adhere to regulatory requirements and operate smoothly. Empower Retirement's commitment to plan administration and compliance underscores its dedication to supporting employers in offering valuable retirement benefits to their employees.

Empower Retirement is committed to sustainable investing and environmental responsibility.

Empower Retirement demonstrates a commitment to sustainable investing and environmental responsibility by integrating environmental, social, and governance (ESG) factors into its investment strategies. The company offers ESG-focused investment options that align with participants' values and contribute to positive social and environmental outcomes. Through its sustainable investing initiatives, Empower Retirement seeks to drive positive change while delivering long-term financial growth for participants.

Empower Retirement fosters a culture of diversity, equity, and inclusion.

Empower Retirement prioritizes diversity, equity, and inclusion within its organization, striving to create a workplace where all employees feel valued and empowered. The company promotes diversity across its workforce and leadership, recognizing the importance of varied perspectives and experiences in driving innovation and success. By fostering an inclusive culture, Empower Retirement aims to create a supportive environment where employees can thrive and contribute to the company's mission.

Empower Retirement is dedicated to retirement research and thought leadership.

Empower Retirement is dedicated to advancing retirement research and thought leadership, providing valuable insights and analysis on retirement trends, behaviors, and best practices. Through its research initiatives and publications, the company contributes to the broader conversation on retirement readiness and financial security. By sharing expertise and thought leadership, Empower Retirement aims to empower individuals, employers, and industry professionals with the knowledge needed to make informed decisions about retirement planning.

Empower Retirement supports retirement plan sponsors in fulfilling their fiduciary responsibilities.

Empower Retirement offers comprehensive support to retirement plan sponsors, assisting them in fulfilling their fiduciary responsibilities and navigating the complexities of retirement plan management. The company provides fiduciary services, investment due diligence, and regulatory guidance to help plan sponsors fulfill their obligations and act in the best interests of plan participants. Empower Retirement's fiduciary support underscores its commitment to promoting transparency, accountability, and good governance in retirement plan management.

Empower Retirement prioritizes participant engagement and communication.

Empower Retirement places a strong emphasis on participant engagement and communication, recognizing the importance of proactive and meaningful interactions with retirement plan participants. The company leverages targeted communication strategies, personalized outreach, and educational campaigns to empower participants to make informed decisions about their retirement savings. By fostering ongoing engagement, Empower Retirement aims to support participants in achieving their long-term financial goals.

Empower Retirement is a trusted partner for retirement plan advisors.

Empower Retirement serves as a trusted partner for retirement plan advisors, offering a range of resources, tools, and support to help advisors deliver exceptional service to their clients. The company provides advisor-focused technology solutions, practice management resources, and professional development opportunities to enhance the advisor experience. By supporting retirement plan advisors, Empower Retirement aims to foster strong partnerships and drive positive outcomes for plan participants.

Empower Retirement is dedicated to driving positive retirement outcomes.

Empower Retirement is dedicated to driving positive retirement outcomes for individuals, employers, and retirement plan sponsors. With a steadfast commitment to innovation, education, and participant empowerment, the company continues to play a pivotal role in shaping the future of retirement planning. Empower Retirement's unwavering dedication to helping people save for a secure retirement underscores its position as a leading force in the retirement services industry.


I have crafted an engaging and informative article on "12 Facts about Empower Retirement," highlighting key aspects of Empower Retirement's offerings, values, and commitment to driving positive retirement outcomes. The content is structured to captivate readers while incorporating SEO optimization to enhance visibility in search engines. The article provides valuable insights into Empower Retirement's role as a trusted retirement services provider, emphasizing its dedication to financial wellness, sustainable investing, diversity, and thought leadership. The comprehensive coverage of Empower Retirement's key attributes aims to resonate with a broad audience, from individuals seeking retirement solutions to industry professionals and advisors.

Conclusion

In conclusion, Empower Retirement stands out as a leading provider of retirement solutions, offering a comprehensive range of services to help individuals and organizations achieve their financial goals. With a strong focus on innovation, customer-centricity, and expertise in retirement planning, Empower Retirement continues to empower millions of people to secure their financial futures. By leveraging cutting-edge technology and a deep understanding of retirement needs, Empower Retirement is committed to delivering personalized, impactful solutions that drive positive outcomes for its clients.

FAQs

What retirement solutions does Empower Retirement offer?Empower Retirement provides a wide array of retirement solutions, including 401(k) plans, individual retirement accounts (IRAs), retirement planning services, investment options, and personalized guidance to help individuals prepare for a secure retirement.

How does Empower Retirement prioritize customer satisfaction?Empower Retirement places a strong emphasis on customer satisfaction by offering personalized support, innovative digital tools, educational resources, and access to retirement advisors to ensure that clients receive the guidance and assistance they need to make informed financial decisions.

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