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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 ...
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1. Your current and future tax brackets. Where you fall on the tax bracket ladder now and where you might be in the future can help shape your withdrawal strategy. This is especially true for ...
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The number of "401 (k) millionaires" — 401 (k) plan participants with balances of at least $1 million — has reached a record high, new data from Fidelity Investments shows. As of June, there ...
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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