Texa$aver: boost your savings any time of the year

July 06, 2022

woman sitting at desk looking at open laptopDid you know you can enroll in the Texa$averSM 401(k) / 457 Program any time of year? You don’t have to wait for the Employees Retirement System of Texas (ERS) Summer Enrollment period. You can adjust your monthly contribution rate or investments lineup all year.

If you have questions about how to build a plan for your financial future, the Texa$aver program (administered by Empower Retirement) has advisors available to help you at no cost to yourself.

Talk with a pro

Whether you’re a Texa$aver participant or still thinking about it, you can connect with a Texa$aver Retirement Plan Advisor (RPA) and get the financial answers you need. 

What a Texa$aver Retirement Plan Advisor can do for you

Texa$aver RPAs are investment professionals who can provide you advice—not just information—on reaching your financial goals. RPAs are licensed to advise you about steps to take toward retirement readiness. 

Texa$aver RPAs can help you, as a plan participant, create and manage an investment portfolio based on your individual goals. They can provide you guidance on reaching your retirement goals, including savings rate, withdrawal strategy and investment allocation. 

Texa$aver RPAs can also project your future retirement income from all sources, including the ERS Retirement Trust Fund, Social Security, the Texa$aver program and personal retirement accounts like IRAs. 

  • Not sure when you should retire? A Texa$aver RPA can help you estimate your financial outlook at different retirement ages.
  • Wondering where your money will come from during retirement? A Texa$aver RPA can help you project your future retirement income from all sources, including the ERS Retirement Trust Fund, Social Security, your Texa$aver account and personal retirement accounts like IRAs.
  • Uncertain about your retirement contributions level? A Texa$aver RPA can provide guidance on reaching your retirement goals, including savings rate, withdrawal strategy and investment allocation.

If you don’t currently have a Texa$aver account, an RPA can explain the benefits of opening an account and provide advice on savings goals and investment allocation.

As a Texa$aver participant, you can schedule a personalized virtual meeting or phone call Monday–Friday with one of these investment professionals at no cost to you. Find your regional RPAs’ contact information on the Texa$aver RPA map. Set up your virtual no-cost meeting on www.texasaver.com and learn how to boost your savings for a comfortable retirement.