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Empower is a subsidiary of Great-West Lifeco that offers retirement plan services to individuals and organizations. It was created in 2014 by combining the record-keeping businesses of Great-West Life, JPMorgan Chase, and Putnam Investments.
LACERA is an independent agency that manages the retirement fund for Los Angeles County and some outside districts. It offers various retirement plans and health care benefits for its members, and has a net asset value of $55.8 billion as of 2018.
Personal Capital is a subsidiary of Empower Retirement that offers free and paid financial products and services, such as digital overview, analytics, planning, and managed accounts. Founded in 2009 by former Intuit CEO Bill Harris, Personal Capital was acquired by Empower Retirement in 2020 and renamed in 2023.
How much to withdraw during retirement: The 4% rule of thumb. Figuring out how much to take out during retirement isn’t always easy. The 4% rule was designed to help retirees make regular ...
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