Make your retirement sing with Texa$aver

June 07, 2023

Have a jam session with your financial future! TexaSaver logoNobody does music better than Texas. You take quality instruments, time‐tested melodies, skilled performers and some heartfelt lyrics, and there’s good reason it’s famous all over the world.

Saving for retirement is no different, and the Texa$averSM 401(k) / 457 Program has a ditty that’s just too good to keep quiet.

  • Experience your financial life in stereo. The program’s new web experience is a great resource to help you track your progress to a retirement that rocks — and it can do a whole lot more than help you manage just one account. Linking accounts helps you see your total net worth, help with budgeting and monitors your progress toward the future you imagine. Log in today at www.texasaver.com.
  • There’s a whole ensemble of Retirement Plan Advisors available to meet with you. They are salaried professionals whose only goal is to help you with your retirement goals. Meet with your local Retirement Plan Advisor at no cost to get help enrolling, answering questions, composing a strategy and so much more. Schedule a duet today.
  • Let the professionals fine-tune your strategy. The Managed Account service—available at no additional cost to you for 90 days—may help your financial future be pitch perfect. With this option, financial professionals offer savings and investment recommendations, so you don’t have to play a solo**
  • Amplify your savings by increasing how much you contribute to the Texa$aver program. Saving the minimum of 1% or $20 per paycheck is a good start, but it may not fine-tune your retirement. 

Look at the difference you might see when you increase your savings rate to 5% or 10%.

See how saving more than the 1%25 minimum has the potential to add up:* Saving 1%25: $306 a month in retirement; Saving 5%25: $1,528 a month in retirement; Saving 10%25: $3,058 a month in retirement


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

*FOR ILLUSTRATIVE PURPOSES ONLY. This is a hypothetical illustration to show the value of an increase in contributions; it is not intended as a projection or prediction of future investment results, nor is it intended as financial planning or investment advice. It assumes a 6% average annual rate of return, 12 pay periods, a $51,000 annual salary with no increases invested over 30 years, reinvestment of earnings and that the payee lives 20 years in retirement. Rates of return may vary. This illustration does not include any charges, expenses, or fees that may be associated with your program. The tax-deferred accumulations shown above would be reduced if these fees had been deducted.

**The Managed Account service is part of the Texa$aver Advisor Service suite of services offered by Empower Advisor Group, LLC (EAG), a registered investment adviser. After 90 days, monthly fees apply based on a percentage of your assets under management.

Securities offered by the Texa$averSM Program through Empower Financial Services, Inc., Member FINRA/SIPC. EFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser Empower Advisory Group, LLC. This material is for informational purposes only and is not intended to provide investment, legal, or tax recommendations or advice.