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A focus on financial wellness

Financial health is a cornerstone of the services we offer.

Financial overview
Participant experience
Personalized communication
Fiduciary advice solutions
Additional solutions
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Empower HSA

Empower has partnered with Optum®, the largest health savings account (HSA) services provider and wellness leader,1 to provide an industry-leading, retirement-oriented HSA. Saving for healthcare costs in retirement has never been easier.

Provides deep integration with the Empower participant experience

The first-time integration of future income projections with retirement plan balances and projections is coupled with the ability for plan participants to change HSA contribution amounts.

Supports current healthcare needs

Empower HSA supports medical claims integration, facilitates direct payments to providers, issues debit cards and offers many other services associated with an HSA.

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Empower Student Debt Solution2

The Empower Student Debt Solution powered by Candidly is designed to help your employees pay off their student debt. While the program offers lending products and guidance tools that can help employees save on their student loan payments, you can also help them pay down their student debt. Or you can choose to contribute to their retirement plan accounts based on their student loan payments. 

That’s why we’ve teamed up with Candidly, a market-leading student debt management platform, to help guide your employees through the education finance journey. Candidly is a savings optimization platform that addresses the full lifecycle of education expenses and empowers people to make simultaneous progress on paying down student debt and building wealth.

Help your employees reduce the financial stress associated with paying down their student debt.

Evaluation tools

Tools and resources are provided to employees so they can explore options for paying down their student debt.

Contributions

Employers can make contributions to help employees pay back loans more quickly — or stay on track toward retirement.

FOR FINANCIAL PROFESSIONAL USE ONLY. 

Educational, communication and operational services regarding an Empower Health Savings Account (Empower HSA) may be provided by registered representatives of EFSI. By electing Empower HSA, plan participants are contracting directly with Optum and its affiliates for this service. EFSI, or its affiliates, is not affiliated with Optum and is not responsible for their services.

Health savings accounts (HSAs) are individual accounts offered or administered by Optum Bank®, Member FDIC, a subsidiary of Optum Financial, Inc. Optum Financial, Inc. is not a bank or an FDIC insured institution. HSAs are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. State taxes may apply. Fees may reduce earnings on account. This communication is not intended as legal or tax advice. Please contact a competent legal or tax professional for personal advice on eligibility, tax treatment and restrictions. Federal and state laws and regulations are subject to change.

All Optum trademarks and logos are owned by Optum®. All other brand or product names are trademarks or registered marks of their respective owners. Because we are continually improving our products and services, Optum reserves the right to change specifications without prior notice. Optum is an equal opportunity employer.

The Empower Student Debt Solution is provided by Candidly, which is not affiliated with Empower Retirement, LLC or its affiliates.

1 Assessing the Top HSA Providers for Spending and Investing, napa-net.org, October 19, 2020.

2 Some features may not be available and are subject to change without notice.

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Carefully consider the investment option’s objectives, risks, fees and expenses. Contact Empower for a prospectus, summary prospectus for SEC-registered products or disclosure document for unregistered products, if available, containing this information. Read each carefully before investing.

Securities, when presented, are offered and/or distributed by Empower Financial Services, Inc., Member FINRA/SIPC. EFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser, Empower Advisory Group, LLC. This material is for informational purposes only and is not intended to provide investment, legal or tax recommendations or advice.  

IMPORTANT: The projections, or other information generated on the website by the investment analysis tool regarding the likelihood of various investment outcomes, are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. The results may vary with each use and over time.

Investing involves risk, including possible loss of principal.

Insurance products are issues by or offered through Empower Annuity Insurance Company of America, Corporate Headquarters: Greenwood Village, CO; or in New York, by Empower Life & Annuity Insurance Company of New York, Home Office: New York, NY. 

The managed account service is part of the Empower Advisory Services suite of services offered by Empower Advisory Group, LLC, a registered investment adviser.

The Empower Institute is a research group within Empower.

“EMPOWER” and all associated logos, and product names are trademarks of Empower Annuity Insurance Company of America.

All features may not currently be available and are subject to change without notice. ©2022 Empower Retirement, LLC. All rights reserved.

Unless otherwise noted: Not a Deposit | Not FDIC Insured | Not Bank Guaranteed | Funds May Lose Value | Not Insured by Any Federal Government Agency.