Empower CEO: Market turmoil fuels trading in 401(K) plans
Portfolio Pulse from
According to Empower's CEO, current market turmoil is prompting more active trading within 401(K) retirement plans. CNBC's Sharon Epperson discussed the trend, highlighting how market uncertainty is influencing investor behavior in retirement accounts.
March 18, 2025 | 11:30 am
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POSITIVE IMPACT
Increased trading in 401(K) plans could benefit Empower by generating more transaction revenues and demonstrating platform engagement during market volatility.
Higher trading activity suggests increased platform usage, potentially leading to more transaction fees and user engagement for Empower.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90