Empower Promo Codes

Yes. Empower's Client Referral Program pays $100 to both the referring client and the referred friend. The referred person must open a Premier IRA or Premier Investment Account with at least $50,000 and use the My Total Retirement service for 90 consecutive days. The maximum reward per client is $500 in any 12-month period.

No. The Premier IRA, Premier Managed IRA, and Brokerage IRA all have no minimum balance requirement to open. The Personal Strategy wealth management service requires a $100,000 minimum, and the My Total Retirement referral program requires a $50,000 funded account.

No. The Premier IRA charges no advisory fee. Fund expense ratios still apply, but there is no management charge layered on top. Clients with a balance of $100,000 or more also receive access to financial planning services through MoneyGuidePro at no additional cost.

The Brokerage IRA includes 1,000 free online trades per calendar year. Trades beyond that threshold are priced at $6.95 each. The account has no minimum and supports mutual funds, stocks, ETFs, and options.

Empower Personal Cash currently offers a 3.30% APY. The account has no fees and no minimum balance. It is FDIC-insured up to $5 million in aggregate through partner banks — significantly above the standard $250,000 individual bank limit.

Yes. The Empower Personal Dashboard™ is completely free and requires no investment account to access. It covers net worth tracking, budgeting, portfolio analysis, a retirement planner, debt paydown tracker, and emergency fund planner — all at no cost.

During the account enrollment process at empower.com, follow these steps to apply your Empower promo code:

1. Start your application and select your account type.
2. Work through the enrollment steps, entering your personal details and funding preferences.
3. Look for a promotional or referral code field in the checkout or enrollment summary step.
4. Enter your code exactly as provided — codes are case-sensitive, so copy carefully.
5. Confirm the discount or credit appears in your summary before submitting.
6. Submit your application. Credits tied to account activity are paid after qualifying conditions are met.

If the code doesn't apply, check that your account type is eligible and the offer hasn't expired. Contact Empower support to confirm eligibility.

It's a zero-expense-ratio index fund sub-advised by BlackRock, available within employer-sponsored retirement plans administered by Empower (401(k), 401(a), 457(b), and defined benefit plans). The 0.00% expense ratio means no management fee is deducted from investment returns.

Personal Strategy fees start at 0.89% AUM at the $100,000 minimum. Fees decrease at higher asset levels — 0.79% on the first $3M for Private Client, and as low as 0.49% on assets over $10 million. Empower states there are no trailing fees or hidden charges.

The referral program does not charge additional fees for participation, and Empower's promotional offers may be combinable depending on the specific terms. Check the current terms on empower.com or contact support to confirm whether a specific promotional code or offer can be used alongside a referral credit.