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reduce 401(k) withdrawals

Protecting retirement today for a stronger tomorrow.

When employees borrow from retirement accounts to cover essential expenses, they sacrifice future financial stability. Purchasing Power gives them a responsible way to get what they need now without tapping into their long-term retirement savings.

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58%

of employees say they have less than $1,000 saved for emergencies.1

77%

of employees are less likely to borrow from retirement savings with access to Purchasing Power.2

37%

of workers report taking a loan, early withdrawal, or hardship withdrawal from their retirement account.3

The real cost of 401(k) withdrawals.

Using retirement savings for short-term needs can signal deeper financial strain that affects focus, productivity, retention, and long-term financial security. When employees treat their 401(k) like a bank account, it impacts individuals and your organization.

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Keep retirement savings growing

Help employees meet essential needs without dipping into retirement funds, preserving long-term savings growth while reducing short-term financial strain.

Improve payment success rates

Offer a clear, structured payment schedule through payroll deduction to help employees stay on track and reduce unpaid retirement loans.

Prevent delayed retirements

Help employees manage immediate financial needs while staying on track with their long-term financial wellness benefits, like 401(k) plans.

Prevent using emergency savings

Purchasing Power provides a safer alternative to borrowing against the future, especially for employees who lack cash or access to affordable credit.

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Ready to protect retirement savings and workforce stability?

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See the Purchasing Power Difference

Why Purchasing Power

Real people. Real impact.

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“This is the best ROI ever because it costs nothing and your employees will love it.”

Kimberly Csan, Corporate Director of Benefits
HII

“Purchasing Power works alongside your other benefits. It complements your other financial wellness resources and retirement plan.”

Assad Lazarus, Chief Commercial Officer
purchasing power
More solutions

More solutions that drive meaningful results.

Explore additional ways Purchasing Power makes a difference by improving employee financial security and strengthening your benefits program.

Enhance the value of your benefits

Give employees a valuable benefit that strengthens your package, boosts engagement, and supports financial wellness at no added cost.

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Reduce employee financial stress

Offer a responsible way for employees to manage essential or unexpected expenses, easing financial strain and helping them stay focused and productive.

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Empower your employees

Give employees greater control over their financial lives with a responsible benefit that supports everyday needs, reduces stress, and builds long-term confidence.

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