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Empower was created in 1891, when parent company Great-West Lifeco was founded as an insurance provider on the Canadian prairie. [1] After serving more than a century of expansion and a profound evolution of service offerings, the modern iteration of Empower was launched in 2014, when the retirement businesses of Great-West Life combined the record-keeping services of Great-West Financial ...
2. Beef up your emergency fund. An emergency fund is a cornerstone of a recession-proof retirement plan. An emergency fund gives you a financial safety net to cover unexpected expenses, such as ...
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Even middle-class workers with access to 401(k)s aren't always participating, with the Transamerica study finding that about 1 in 7 aren't using their employer-sponsored plans.
Headquarters of American division Great-West Life & Annuity Insurance Company, Greenwood Village, Colorado Great West Life & Annuity Insurance Company is a company that provides individuals and businesses in all of the USA's states with life insurance, retirement benefits (which are paid for by employers) and annuities distributed by its own brokers and institutions.