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We are aware that scammers are sending fraudulent emails and calling members, pretending to be Empower employees. If you receive a call that appears to be from Empower FCU, please ask for the caller’s name, then hang up and call Empower directly on 1.800.462.5000, or visit your local branch. DO NOT call back the number that called you, or provide any information to anyone unless you called us. Empower will NEVER ask you for your online banking password or your full card number.

IRAs

Your path to a more comfortable retirement starts with Empower's Individual Retirement Accounts (IRAs). We offer various options with different tax advantages that your professional tax advisor can explain fully. All three of these retirement savings account options can be designated as Traditional, Roth or Education IRAs, and you can deposit funds into them automatically with Direct Deposit.

Empower Share Savings IRA

No minimum balance requirements
All balances earn dividends, which are tiered by balance, compounded daily and posted monthly
Penalties apply for early withdrawal

Empower Premium Money Market IRA

$2,500 minimum to open account and earn dividends
Dividends are tiered by balance, calculated on the average daily balance, compounded daily and posted monthly

Share Certificate IRA

$500 minimum balance to open account
Dividends are tiered by balance, compounded daily and posted monthly
Choose terms between 3 months and 10 years
Penalties apply for early withdrawal