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Empower acquired the heritage SunTrust 401(k) recordkeeping business, which includes approximately 300 retirement plans consisting of more than 73,000 plan participants and $5 billion in plan assets. On September 29, 2020, Empower announced that it would acquire the retirement plan recordkeeping business of Fifth Third Bank.
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Empowerment is the degree of autonomy and self-determination in people and in communities. This enables them to represent their interests in a responsible and self-determined way, acting on their own authority. It is the process of becoming stronger and more confident, especially in controlling one's life and claiming one's rights.
Empower Orphans is a registered 501(c)(3) non-profit organization which intends to address the problems associated with orphans and abandoned children, and children born into homes living in poverty. The organization's goal is to help create self-sufficiency by supplying children with the tools to gain a basic education and technical skills to ...
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Individual retirement account. An individual retirement account [1] ( IRA) in the United States is a form of pension [2] provided by many financial institutions that provides tax advantages for retirement savings. It is a trust that holds investment assets purchased with a taxpayer's earned income for the taxpayer's eventual benefit in old age.
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SourceAmerica Pathway to Careers is a customized employment program designed to pair applicants with employers. Pathway's staff uses the participant's profile to match applicants with employers in the community.
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