Speak with an Empower representative regarding your account at 1-888-411-4015 Monday through Friday 8 a.m. – 10 p.m. ET, and Saturdays 9 a.m. – 5:30 pm ET.
Get 24-hour access to your plan account, retirement calculators, and a state-of-the art planning tool that allows you to see where you stand — and where you need to be. Visit https://participant.empower-retirement.com/participant/#/login
- Check your account balance
- Confirm your asset allocations
- Update your beneficiaries
- You can start saving in the plan immediately upon hire or promotion to a benefits-eligible position (with a short administration set up time)
- Associates are required to be at least 21 years of age to participate
- You may contribute up to 80% of eligible pay on a pre-tax or after tax Roth 401(k) basis each payroll through convenient payroll deductions (up to the IRS annual maximum)
- Ability to save up to $19,500 plus an extra $6,500 if you are age 50 or older in 2021
- PSEB will match your pre-tax and after tax Roth 401(k) combined contributions at a rate of 100% on the first 3% you contribute and 50% on the next 2% you contribute each payroll. Matching funds are deposited to your account on a quarterly basis.
- You are immediately 100% vested in your own contributions and the employer matching contributions
- Eligible associates will receive an enrollment packet directly from Empower Retirement at their home address on file.
- After receiving your packet, enroll by calling Empower Retirement at 1-888-411-4015 or visiting https://participant.empower-retirement.com/participant/#/login(plan number 194396)
- Investing for the future has never been easier. You can choose a single pre-diversified fund or you can choose from a mix of investments available in the plan to build your own portfolio.
- Make changes to contributions and investments at any time
- Once enrolled, it’s important to verify your contribution rate on your UKG Pro pay statement; your first deduction should occur within two pay cycles after making your election.
Enroll Today and Take Advantage of the Company Match!
Investors should carefully consider the investment objectives, risks, charges, and expenses of a fund before investing. For a prospectus, a summary prospectus if available, or an offering statement containing this and other information about any fund, please call 1-888-411-4015. Please read the prospectus or offering statement carefully before investing. Investments in mutual funds are not guaranteed or insured and will fluctuate in value. While every effort has been made to ensure the accuracy of the information in this material, in the case of a discrepancy, the official plan document will govern.