The advantages of an IRA
An individual retirement account can help you put more money toward your future.
Discover opportunities for your financial future
Putting your financial goals first is a key part to achieving the future you want. From personalized advice, low fees and discounts, a loyalty program and more, we can help you get there.
Empower has earned the trust of more than 20,000 MassMutual clients and 2.3 million participants — a 92 percent participant retention rate.
If you’re age 50 or older, the IRS lets you save more than the typical limit.
Whether you’re getting ready to retire or considering a pre-retirement withdrawal, it’s important to understand the rules for each withdrawal type.
Wealth & Wellness Index
“At Empower, we’re helping millions of Americans drive toward the financial future they richly deserve. Through a focus on an individual’s goals and their full financial picture, we deliver personalized customer service that can help anyone create the savings they need for tomorrow.”
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1 As of June 30, 2022. Information refers to all retirement business of Empower Annuity Insurance Company of America (EAIC) and its subsidiaries, including Empower Retirement, LLC; Empower Life & Annuity Insurance Company of New York (ELAINY); and Prudential Retirement Insurance & Annuity Company (PRIAC), marketed under the Empower brand. EAIC’s consolidated total assets under administration (AUA) were $1,289.3B. AUA is a non-GAAP measure and does not reflect the financial stability or strength of a company. As of June 30, 2022, EAIC’s statutory assets total $77.2B and liabilities total $74.3B. ELAINY’s statutory assets total $6.9B and liabilities total $6.7B. PRIAC’s statutory assets total $82.1B and liabilities total $80.8B.
On August 1, 2022, Empower announced that it is changing the names of various companies within its corporate group to align the names with the Empower brand. For more information regarding the name changes, please visit empower.com/name-change.