Capital preservation products
Capital preservation products
Predictable income for greater peace of mind
Our capital preservation solutions provide employees with fixed-income offerings to help them manage risk through consistent, positive returns.
We offer a suite of capital preservation products supported by one of the strongest financial service companies in America (Empower Annuity Insurance Company of America (EAICA), as well as a dedicated investment management team.
Stable value products1
Empower Investments is a pioneer in stable value investing, having brought to market our first stable value product in 1975. We offer numerous types of stable value products and match them to best meet the needs of a plan’s capital preservation requirements.
We are currently the largest provider of stable value products in the defined contribution industry, managing more than $100 billion of stable value assets.
Stable value product principal and interest are guaranteed by EAICA.
General account fixed products2
Empower Investments offers several general account fixed products whose principal and interest are guaranteed by EAICA, or in New York, by Empower Life & Annuity Insurance Company of New York (ELAINY).
Financial Strength Ratings
Financial Strength Ratings
As of December 31, 2023. We have a history of strong performance, even in challenging economic climates. The following ratings represent the opinions of the rating agencies regarding the financial strength of our primary insurance companies, EAICA and ELAINY and their ability to meet ongoing obligations to their respective policyholders. Ratings are subject to change and do not pertain to any offered product or any affiliates or subsidiaries.
| EAICA | ELAINY | Financial Ratings |
|---|---|---|
AA | AA | Standard & Poor’s Ratings Services Financial Strength: Very strong (second highest of nine categories) |
Aa3 | Aa3 | Moody’s Investors Service Financial strength: Excellent (second highest of nine categories) |
AA | AA | Fitch Ratings Financial strength: Very strong (second highest of nine categories) |
A+ | A+ | A.M. Best Company, Inc. Financial strength: Superior (highest of 7 rating categories and second highest of thirteen possible ratings) |
1 The stable value investment option is a guaranteed separate account group annuity contract issued by EAICA, Corporate Headquarters: Greenwood Village, CO (the "Contract"). The Contract guarantees principal and credited interest for eligible participant-initiated withdrawals and transfers. Any guarantees are subject to the terms and conditions of the contract and the claims-paying ability of the insurer. Guaranteed separate account products have interest rate, inflation and credit risks associated with the underlying assets owned by the separate account. Depending on the terms of the Contract, there are also investment risks associated with certain plan sponsor actions, including, but not limited to, termination of the Contract, mass layoffs or plan termination that could result in payment of proceeds to the plan sponsor of the lesser of the market value of the Contract and principal plus credited interest. The version of the fund as described is not intended to be sold in New York.
2 Funds are either a general account group annuity contract or funding agreement issued by EAICA, Corporate Headquarters: Greenwood Village, CO; or in New York, by ELAINY, Home Office: New York, NY. The fund guarantees principal and credited interest for eligible participant-initiated withdrawals and transfers. Guarantees are subject to the terms and conditions of the contract and the claims-paying ability of the insurer. Depending on the terms of the contract, there may also be investment risks associated with certain plan sponsor actions, including, but not limited to, a termination of the contract that could result in a negative market value adjustment to the proceeds paid to the plan sponsor or an extended payment period.
3 Please refer to your general account rider as some states may not have approved this feature.