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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.
Learn about the history, types, and funding of public sector pensions in the U.S. at the federal, state, and local levels. Compare the retirement benefits and risks of different plans and systems across the country.
A 401(k) plan is one of the best ways to stockpile money away for retirement. Funds contributed to an account can be deducted from your taxable income and you can grow your savings over time ...
Learn about the history, investments and assets of the public pension system for state employees in Pennsylvania. Founded in 1923, the system has over $30 billion in assets and more than 190,000 beneficiaries.
Empower, one of the leading providers of financial services, has officially announced its intention to join an auto-portability network that was founded in the fall of 2022.
Learn about the types, tax benefits, and history of IRAs, a form of pension provided by many financial institutions in the United States. Compare traditional, Roth, SEP, SIMPLE, and self-directed IRAs, and their contribution limits and rules.
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