The 401k Trustees are asking all workers to register for the Empower website (our 401k) and/or the Empower app.
This will allow us to communicate information to everyone in a more timely and efficient manner.
We'll save on printing/handling/mailing costs, and you can make sure your birthday and beneficiary information is updated.
Accurate birthdays are especially important, as if we do not know your birthday, your funds are lumped into an age based account that may not be appropriate for your age, and you may miss out on some earnings.
On the Empower site, not only can you see your daily balance and change where you have your retirement funds invested, but now you can also see when new funds are deposited to your account on a per-employer basis.
Going forward, this new function is now available under Statements and Documents, where you then choose Statements on Demand.
Now scroll to the bottom to see your Activity by Employer.
Both the employer's contractual, and your voluntary, contributions are listed by each employer.
You can register or log in here:
User login | Empower: Saving, investing and advice (empower-retirement.com)
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