After several months of planning, the transition from Voya Financial to Empower Retirement is complete.
The transition to Empower means Colorado PERA is able to continue to offer low fees for the PERAPlus 401(k)/457 and DC Plans, and members and retirees have access to new tools and resources to help them pursue future savings goals and financial wellness. A few highlights of the new tools and resources include a feature-rich interactive website to research investment options, check investment balances, request distributions, and receive professional portfolio advice. You can also access the website from a mobile device to manage your account on the go.
Benefits of Participation
Supplement your retirement savings, access investment advice, and have loan benefits—all rolled into one convenient package. Benefits include:
- Reduced taxes
- Tax-free distributions
- Easy to save
- Access to advice
- Personal control
- Supplement other retirement savings
Whether you’ve been saving for years, or are just getting started, the PERAPlus 401(k) or 457 Plans can help you reach your retirement goals. For detailed information about Plan features, fund fees, performance, and investment options, review the Enrollment Guide at coperaplus.org or call 833-4-COPERA (833-426-7372).