The Currency - Work

Over half of Americans choose their benefits by price during open enrollment

Cost is the primary driver for choosing benefits during open enrollment, and 35% of Millennials (27% of people overall) enroll in the least expensive option regardless of what the plans offer, according to new research from Empower.

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Gen Z’s road to retirement

According to Empower Personal Dashboard^TM data in August 2024, Gen Zers (ages 18 to 26) already have an average of $76,568 in retirement savings in employer-sponsored plans and individually controlled IRA savings and investment accounts.

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How to help protect your 401(k) during stock market volatility

Making smart, confident investing decisions means having a plan — not just in the coming days but for the long term.

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Should you choose Roth or traditional 401(k) contributions?

Many companies offer a 401(k) plan with both Roth and traditional contribution options.

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What to do with your 401(k) when you leave your job

There are four primary options for someone who already has a 401(k) plan through an employer.

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The Network Effect

New Empower research explores the power of network to influence career and money. How do relationships open doors to money making?

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The net worth of your network: How connections lead to money

Six in 10 Americans believe that the strength of their connections is key to success, from career advancement to pay and promotions, according to Empower research. How is each generation using their network to find success and money opportunities?

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Pursuit of PTO: Half of Americans feel tied to their emails on vacation

Discover how employees view and value paid time off (PTO) and the impact of PTO policies on job decisions, according to Empower research.

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Average salary by state

How does your salary stack up to other earners? Let’s find out what the average salary looks like in your state.

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5 habits of excellent retirement savers

Wonder how Americans are saving for retirement? Learn about the five habits excellent retirement savers follow.

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401(k) vs 403(b): What's the difference?

Some of the most powerful and common vehicles are provided by an employer, such as 401(k) and 403(b) plans. Discover more about the features and limitations.

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Work shift: 9-5 job growth, slower wage increases, and more unemployment claims

American workers see progress in their wages, though recent data signals some cooling in the economy and may offer clues about the labor market going forward.