How much should you have in your 401(k) in your 30s? The median balance lags behind that of older workers—but you can use ...

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower today is unveiling new plans to launch a digital solution that will remove access barriers and give more small employers the ability to establish ...

Key Takeaways According to Fidelity, millennials (ages 30-45 in 2026) had an average 401(k) balance of $80,700 as of September 2025, with an 8.8% average savings rate. As of October 2025, according to ...

Empower recently made headlines by announcing a bold new initiative: giving defined contribution (DC) retirement plan participants access to private market investments. On the surface, it sounds like ...

Senator Elizabeth Warren is doubling down on her scrutiny of Empower’s recent move to offer private equity investments as an option within workplace retirement plans, raising questions about the ...

Senator Elizabeth Warren, D-Massachusetts, requested answers from Empower Retirement LLC about plans the company announced to offer private equity investments to participants in its 401(k) plans.

Sen. Elizabeth Warren (D-Mass.) has challenged the decision of Empower, a major retirement plan provider, to offer private equity as an investment option in workplace retirement plans. Empower, which ...

Empower today expressed strong support for a new executive order directing the Department of Labor (DOL) to reevaluate guidance around alternative asset investments in retirement plans and work with ...

Massachusetts Sen. Elizabeth Warren is demanding answers from Empower Retirement CEO Edmund Murphy III over the firm’s decision to allow 19 million retirement plan participants to invest in private ...

An Empower spokesperson said the company is currently not commenting on the possibility of a response to Warren’s second letter, while awaiting an expected executive order regarding private ...