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Empower Retirement Profile

Empower Retirement

www.empower.com

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2.9

Overall reputation rating based on reviews and complaints

Empower Retirement earns a 2.9-star rating from 14 reviews and 24 complaints, indicating that most retirement plan participants are somewhat satisfied with investment options and services.

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Empower Retirement Complaints Page 2 of 2

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Empower Retirement App update results in lockout

App is a quick snapshot of your account. Recents update resulted in inability to access app with fingerprint or user name and password. Previous update resulted in inability to change what was used (401, social security, etc.) to calculate estimated retirement at a specific age of retirement. Needs some major screening prior to app updates.

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Empower Retirement Update removed features. Why?

I used to like the Empower app, but it seems increasingly, features are being removed with each update. Now we are being expected to go to the website. It defies logic in such a high tech environment, that Empower would make an app update that removes features that are popular and useful.

I’m considering moving my money to Fidelity because they just have better tools and a better app.

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Empower Retirement lack key features

When you don’t have a choice, like choosing your 401K provider, you end up with subpar products and services. Case in point: the empower retirement account that does not sync with any financial software, does not even list number of shares for your mutual fund investment, and does not clearly separate out your deposits vs market changes, does not present your growth or lost clearly. Much worse than Fidelity or Vanguard or ETrade offerings.

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