Empower Transition Update
On December 3, 2021, the recordkeeper for PERA’s 401(k)/457 and Defined Contribution Plans will transition from Voya Financial to Empower Retirement. PERAPlus 401(k)/457 and DC Plan participants were notified in October with information about the transition. Highlights of the move include:
- A robust website and state-of-the-art app plus personalized planning tools
- Enhanced and simplified financial wellness resources
- Automatic transfer of your assets and beneficiary elections.
Empower is one of the largest retirement services providers in the nation and we are excited about the upcoming transition.