Empower Institute
The Empower Institute explores many aspects of the retirement savings puzzle and works to blaze the trail on potential solutions to some of the most vexing challenges on this front facing the American worker today.
Defined contribution participants aren’t day traders
New analysis of Empower Retirement data reveals that very few people take advantage of their plan’s self-directed brokerage window.
Empowering America’s Financial Journey
Empowering America’s Financial Journey carefully analyzes the behavior of approximately 4 million active defined contribution participants.
Making financial wellness attainable for everyone
Almost three-quarters (73%) of people of color say the concept of financial health needs a makeover.
Financial wellness is an evolving journey
Employees are clear that financial wellness is an important goal — one that they’d like to achieve.
Complements, not substitutes
Based on this analysis, participants do not consider managed accounts to be substitutes for target date funds.
The journey to financial wellness
Individuals associate a wide range of non-financial aspects with financial wellness.
Remembering 9/11: Honoring and helping secure the future of our firefighters and police officers
First responders shared with us how their stories of strength have shaped the way they’re protecting their future and preparing for tomorrow.
Less jargon, more clarity
Almost half of savers say financial terms make them hesitant to talk about money. Using the right words is especially critical in financial matters.
2021 PSCA HSA Survey: Benchmarking HSAs to drive change
The importance of HSAs has grown significantly not only as a way for employees to save for today’s health expenses, but also as an integral part of a retirement saving plan.
Pandemic perspectives: How government employees are gaining financial confidence
Through in-depth interviews with government savers, Empower has found that preparing for retirement remained a primary objective for most during the COVID-19 crisis.