The Colorado Public Employees’ Retirement Association has selected Empower Retirement to serve as record keeper for its defined-contribution plans.
Colorado's PERA manages more than $5 billion in assets for the state’s 95,000 public employees. It offers defined-benefit and defined-contribution plans to its members.
Some PERA members have the option to choose a defined-contribution plan instead of the defined-benefit plan. Additionally, PERA allows all members to save money toward retirement in optional 401(k) or 457(b) plans.
Empower is based in the suburbs of Denver, Colorado.
The Trump accounts are “generationally changing” and bring financial literacy to youth, said IRS chief Frank Bisignano.
Deal adds a $299 million tax-and-wealth practice as the RIA aggregator advances acquisition strategy around integrated financial and tax planning.
Large and mega plans show strongest appetite, but fee confusion persists.
Many people are taking a dangerous gamble with their financial future, new study warns.
Britt is named CFO of Wipfli, a $600 million accounting firm that audits two NFL franchises
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
