Empower Premier IRA

Simple, straightforward, low-cost savings vehicle. With potential tax advantages too!

• Choose your investments from a select list of over 140 Mutual Funds.
• Manage your own investments, get some guidance or leave the investing to a professional. Click here and then scroll down to read about My Total Retirement^TM to learn more.¹
• Need help selecting between a Traditional and a Roth IRA? The answer depends on whether you want your tax break now or later. This calculator will help you compare between a Traditional IRA and Roth IRA.

  Traditional IRA	Roth IRA
  Enjoy a tax break now	Enjoy a tax break in retirement
  Contribute up to $6000 in 2022, $7000 if you're 50 or over Contribute up to $6,500 in 2023, $7,500 if you're 50 or older	Contribute up to $6000 in 2022, $7000 if you're 50 or over Contribute up to $6,500 in 2023, $7,500 if you're 50 or older
  No income limits	If you earn over a certain amount you may not be able to contribute
  Withdrawals required starting at age 73 (If you turned 72 in 2022 and delayed your first-time RMD until April 1, 2023, you must take your 2022 RMD by April 1, 2023, and your 2023 RMD by December 31, 2023.)	Withdrawals are never required during the owner’s lifetime

  Learn more about the differences between a Traditional IRA and Roth IRA.

• Features:
  • No setup, administrative, closure or transaction fees.
  • Empower's team of retirement advisors are available when you need them.
  • Roll over your retirement funds from a prior employer.
  • Click here for the Fees and Minimums PDF.

Call 877-534-4569

Call our representatives to open an account at 877-534-4569.

There is no guarantee provided by any party that participation in any of the advisory services will result in a profit.

Consider all your options and their features and fees before moving money between accounts.