Employees can invest more money into 401(k) plans in 2025, with contribution limits increasing from $23,000 in 2024 to $23,500 in 2025.
Our second annual research study offers the single, most comprehensive look at the financial well-being of today’s union members.
FIRE movement advocates embrace becoming financially independent and retiring early, leaving the workforce years or even decades before the average retirement age.
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.
According to Empower Personal DashboardTM 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.
Making smart, confident investing decisions means having a plan — not just in the coming days but for the long term.
Many companies offer a 401(k) plan with both Roth and traditional contribution options.
There are four primary options for someone who already has a 401(k) plan through an employer.
New Empower research explores the power of network to influence career and money. How do relationships open doors to money making?
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?