Empower is migrating the Deferred Compensation Plan website beginning May 12th. You will receive communication from Empower about this change and next steps for accessing your account through the new website. Please contact Empower at 1-800-824-0040 if you have trouble logging into the new website.
For more information on the migration to Empower, please review this FAQ.
The Deferred Compensation Plan is available for full-time associates with a base salary of $90,000 or higher. This nonqualified deferred compensation plan allows you to defer income for your future beyond what you save through other vehicles, such as the 401(k) plan. Take advantage of the opportunity to help reduce your current income taxes, defer compensation, and grow earnings tax-deferred.
You can enroll when you are first eligible – either as a new hire or when newly promoted. There is also an open enrollment period each November to make changes for the upcoming plan year.
Prudential will notify all eligible participants with an introduction email and enrollment instructions. For enrollment information and to manage your account, review the Deferred Compensation Activation Guide. You may also view the Deferred Compensation website.