Empower Retirement has teamed with E*TRADE to create a “one-stop user experience” allowing employees to see their retirement and stock plan accounts in one place.
This alliance will allow employees to model their stock and retirement plan balances into their retirement projections, giving them the ability to coordinate equity compensation with their retirement plan and receive a broader view of their saving and investing picture, according to the announcement.
“This is an important and powerful step for savers who want to develop a more complete financial picture which also gives them the edge in plotting the path toward achieving their financial goals,” stated Empower Retirement President and CEO Edmund F. Murphy, III.
The service will be offered to employers who provide equity compensation plans through E*TRADE and retirement plan services from Empower. Employees will also have access to both customer service teams.
