401 K - SWIA & Empower

How Empower provides your participants best-interest advice and recommendations for their financial future In practice this means: • We consider what’s most beneficial for the participant, not for Empower. • We make sure our advice is prudent based on the participant’s individual situation. • We disclose any fees, compensation, or potential conflicts so they can make informed decisions. The overarching goal is to ensure that every recommendation helps the participant make the best possible decision for their financial future. What is best-interest advice? When Empower representatives provide advice to participants, it must always be in their best interest. This means we put their needs ahead of our own. This fiduciary standard comes from the U.S. Department of Labor (DOL) under the Employee Retirement Income Security Act (ERISA). It is reinforced by the Securities and Exchange Commission’s Regulation Best Interest (Reg BI) rule. FOR PLAN SPONSOR AND FINANCIAL PROFESSIONAL USE ONLY. Empower offers your participants best-interest advice to help them with their retirement and financial questions. Here’s how it works.