The Empower Retirement 401K is one of the retirement plans offered by the Empower retirement company. It’s very important that you make plans for your retirement even as you work. The aim of this company is to bring your retirement dreams into reality. In this article, you would be educated on everything related to this topic. So, if you are curious about it, keep on reading.
Empower Retirement 401K
Empower Retirement is an American Financial Firm. This company focuses on retirement plans and is currently rated as the second-largest retirement plan provider in America. Every service and product offered by this company is geared toward helping individuals reach their retirement goals. To make services more accessible for users, this company owns and manages the website- www.empower.com Here, empower retirement participants can access the services and products offered by this company.
Products Offered by Empower My Retirement
As earlier said in this article, the products offered by this company are aimed at helping individuals reach their goals. These products include:
- Retirement Planning.
- Financial Advisory.
- Risk Management.
- Equities Trading.
- Investment Management.
- Equities Trading
- Investment Advisory.
- Finance and Insurance.
- Asset Management.
- Employee Benefits.
- Mutual Funds.
- Brokerage Services.
These are the products offered by this company and the aim of them all is to help Americans get the future they desire.
Empower Retirement Plans
Different plan types have been designed by this company to suit the market. These plans suit the needs of individuals, businesses, and organizations. They include:
- Small to mid-Plan.
- Large to Mega Plan.
- Multiple Employer.
- Not-for-Profit organization plans.
- Government plans. And lastly,
- The Taft Hartley plans.
These Empowerment Retirement Plans are generally grouped into the corporate plans (401K) and the Government and Not-For-Profit Plans under which we have the 457(b), 403(b), and the 401(b) plans. The focus of this article would be on the 401K plans offered to empower retirement participants.
You need to register on the Empower my retirement platform for you to access the 401k plan. This would also give you access to useful resources that would help you financially. Also, you get access to tools and articles on financial wellness. The next section of this article would educate you on how to register on this platform. So, keep on reading.
How to Register on Empowermyretirement.com
The step below would help you register for online access on the platform:
- Open the web browser on your internet-connected device.
- To visit the official web page, enter the URL- empower.cominto the search bar.
- Navigate to “Log in” and click or tap on it.
- Click on the green “Register” button at the bottom of the page.
- In the required fields, enter your “Social Security Number”, “ZIP code”, “Name” and “Date of Birth”.
Click on the “CONTINUE” button at the bottom of the page. If you received a pin or a plan enrollment code, you can indicate it on the page and sign up with any of them.
Empower Retirement 401k Login
If you are an Empower retirement participant, you can access your account on the platform at any time to check your balance, personalize your tools, view your plan activity, and lots more. This next section of this article would teach you how to access your 401k account.
How to Login to your Empower Retirement 401K Account
To carry out this action, you should follow the steps outlined below:
- Connect your device to the internet.
- Open the web browser on your internet-enabled device.
- Enter the URL- empower.com into the search bar to visit the official web page.
- Click on “Login” at the top right corner of your display screen.
- Under the drop-down menu, select “Empower Retirement Plan”.
- Fill in the “Username” of the account in the required field.
- Also, enter the “Password” of your account”.
- Click on the “SIGN IN” button at the bottom of the screen.
Automatically, you would be logged in to your account where you would be able to view and manage your 401k retirement plan.
Empower Retirement 401k Loan
You can request a loan from your retirement savings at any time from Empower my retirement. The two types of loans offered is the General-Purpose loan which can be used for any reason with a maximum repayment duration of up to five years.
Secondly is the Mortgage loan which has a maximum repayment of up to Thirty years. To request a loan, you have to speak with any of the Empower Retirement Customer Service Center Representatives.
Empower Retirement 401k Withdrawal
You may choose to withdraw some funds from your retirement account to meet up with an emergency. Before you can proceed to do this, you should have the full consent of your spouse and should be subscribed to a plan that permits it. To begin the empower retirement 401k withdrawal process, you would need to fill out the empower retirement 401k withdrawal form which you can get from the customer service.
Empower Retirement Customer Service
To request a loan from your account or make withdrawals from the account, you need to speak with a service center representative. You can call the customer service numbers on the page here. You should not attach any confidential information if you wish to send an email.