Empower Makes it Easy to Consolidate All of Your Retirement Accounts

Do you still have a retirement plan account balance from a past employer? If so, it may require more work to keep track of how you’re doing. Take advantage of the simplicity of one by considering the benefits of rolling your retirement accounts from previous employers into your Empower plan.

Simplify Account Management

Instead of dealing with multiple statements, websites, and service centers, simplify with:

• One statement to reduce clutter
• One website username and password to remember
• One Customer Care Center to call

The retirement income projection tool, available on the Empower website, allows you to quickly view your projected monthly income at retirement and see if your future is on track!

Empower Makes it Easy

If a rollover makes sense for you, Empower is here to help! Their dedicated retirement consultants will help guide you through every step of the process and answer any questions you may have. Empower’s white glove experience saves you time and helps ensure a seamless transfer of your retirement savings.

You also have other options available to you. You may be able to keep your money in your previous employer’s plan, move your money to your new employer’s plan or take a taxable distribution (keeping in mind that you may be subject to substantial tax and possible early withdrawal penalties).

Consider all your options and their features and fees before moving money between accounts.

If you have questions, you can reach out to Empower directly at (800) 338-4015 or Melanie Gibson, our 401k and ESOP Administrator, at mgibson@cmacars.com.