EmpowerUp™ delivers on the simple premise that helping your employees take control of their finances now empowers them to make better savings decisions for their future.
Our wellness and financial center offers valuable information and resources, including calculators that can help employees manage their day-to-day finances more effectively.
Information is categorized across four key areas:
- Spending
- Saving
- Investing
- Protecting
Connected health and retirement savings
Empower has partnered with Optum®, the largest HSA services provider, to help your employees prepare for one of the largest expenses they could face in retirement — healthcare costs.
The Empower health savings account (Empower HSA) gives employees enrolled in a high-deductible health plan a way to pay for current and future medical expenses as well as another way to save for retirement.
Investments are not FDIC insured, are not guaranteed by Optum Bank® and may lose value.
Educational, communication and operational services regarding Empower HSA may be provided by registered representatives of GWFS. By electing Empower HSA, plan participants are contracting directly with Optum and its affiliates for this service. GWL&A, or its subsidiaries or affiliates, is not affiliated with Optum and is not responsible for their services.
Health savings accounts (HSAs) are individual accounts offered or administered by Optum Bank®: Member FDIC, and are subject to eligibility and restrictions, including but not limited to restrictions on distributions for qualified medical expenses set forth in section 213(d) of the Internal Revenue Code. State taxes may apply. Fees may reduce earnings on account. This communication is not intended as legal or tax advice. Please contact a competent legal or tax professional for personal advice on elgibility, tax treatment and restrictions. Federal and state laws and regulations are subject to change. Optum tradmakrs and logos are owned by Optum®. All other brand or product names are trademarks or registered marks of their respective owners. Because wer are continually improving our products and services, Optum reserves the right to change specifications without prior notice. Optum is an equal opportunity employer.