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The Pennsylvania State Employees’ Retirement System (also known as SERS or Pen SERS) is an independent administrative board of the Commonwealth of Pennsylvania that manages the public pension system for state employees in Pennsylvania.
Empower Finance—not to be confused with Empower Retirement, which acquired Prudential Financial’s retirement business for $3.5 billion in 2021 and Personal Capital in 2020—charges customers ...
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.
As Empower Retirement President and CEO Edmund Murphy III stated in the survey, “People are no longer looking at retirement as the end of something, but rather the beginning of something new.
Budgeting is also another efficient way you can plan for retirement. Empower, a unique digital suite of finance tools, is designed to streamline your financial management.
If you feel you need a little extra guidance in meeting your retirement goals, Empower has wealth management advisors available for an additional fee.
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