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Retirement Savings Plan

Our retirement savings plan is administered through Empower and helps you save for the future.

Resources to support your financial journey

Working towards your financial future is a journey, and you can access support every step of the way. Discover the resources that best meet your unique needs.

Retirement navigation chart

Retirement navigation PDF

Savings Plan

Save for a financially secure retirement by participating in a Retirement Savings plan and let BSW help with dollar for dollar matching contributions up to 5% of eligible base salary. Start, stop or change your contribution anytime throughout the year.

  • Make pre-tax or Roth (after-tax) contribution elections 
  • Enroll in automatic increase to make saving easier 
  • Update your beneficiary(ies) 
  • See how much income you may have in retirement 
  • Make changes to improve your retirement security 
  • View your Lifetime Income Score summary 
  • Process a rollover 
  • Make separate catch-up contributions if you are 50 or older with Empower*

* Catch-up contributions are not match eligible. 

Go to


How to Enroll


Choose the amount to save

Visit and choose a percentage of your salary to save.

Auto-deposit funds

We subtract that amount each pay period and deposit the funds in your retirement savings account.

Get a matching contribution

Because we want your retirement savings to grow, we match your contribution dollar-for-dollar, up to the first 5% of eligible pay. 


How to Invest

As you accrue your retirement savings, you have options for investing your money.

  • You can contribute up to the maximum amount allowed under IRS rules and regulations (which can change each year), plus an additional catch-up contributions if you are age 50 or older. 
  • You choose whether to contribute pre-tax or Roth (after-tax) or a combination of both:

    ◦ Pre-tax contributions lower your current taxable income

    ◦ After-tax contributions lower your taxable income during retirement

  • You can change your contributions and investments at any time. The plan comes with features that let you automatically increase your contributions at a comfortable rate and rebalance your account to fit your savings strategy.
  • You’re always 100% vested in your contributions and you vest in BSW’s matching contributions after three years of service. And if you leave BSW, you can move all of your vested savings to a qualified retirement plan (e.g. IRA, another employer's retirement plan, etc.) 
Investment Funds
We have several different options for investing your retirement savings. For more details on investing options, log into Empower and choose Investing help.
Target date funds
Set it and forget it! Target date funds offer a diversified portfolio based on when you plan to retire (typically age 65). With this option, your investment mix gradually shifts from more aggressive to more conservative as you approach retirement.
Individual funds
Create your own portfolio to match your risk tolerance and investment goals. This option lets you choose your investment lineup from a wide variety of core funds. Be sure to check out the free online investment advice provided by Financial Engines.
Managed Account Program
Let someone help manage your individualized portfolio. With this option, you provide the MyTotal Retirement platform managed by MorningStar with your personal information and they create and manage your account for a fee.
Self-directed brokerage accounts
Are you an investment pro? Brokerage accounts are intended for knowledgeable investors. For an annual fee, you can select numerous investment options (beyond those offered under the plan). Only 50% of your account can be in self-directed brokerage.

Reaching Your Goals

BSW is committed to providing you with tools and resources that support your financial well-being.

My Financial Path, through Empower, is an online resource center with tools to assist you in taking control of your finances in order to strike a balance between living for today and planning for tomorrow. Regardless of where you are in your journey to retirement, this tool has something for you:

  • Next Step EvaluatorProvides you a financial action plan designed specifically for you. It can help you figure out how to prioritize your spending to determine what might be the best course of action when dealing with your finances. You don’t have to fill out any lengthy worksheets or keep track of numbers. All it takes to get started is answering a simple series of yes or no questions. 
  • Empower Student Debt SolutionDesigned to help you find the right way to approach student loan debt and reduce the financial stress it might be causing. This solution offers education on loan forgiveness programs, repayment plans and consolidation options. With two simple steps, the evaluation tool will provide you with a personalized assessment and provide guidance based on your unique situation. 
  • Learning CenterYou can get the help you need when you need it in the Learning Center. Enjoy easy access to clear, straightforward educational resources, including on-demand videos, articles, tools, calculators and more covering the topics that matter to you like saving, spending, investing, retirement and life’s big events.

Access these tools and obtain your personalized plan through your Empower account and choose My Financial Path 

Get started

Learning Center

Connect with a Retirement Plan Advisor

Now, more than ever, retirement plan advisors are available for virtual one-on-one consultations to review your strategy, provide advice and explore the important elements of achieving financial well-being now—and in the future. Empower's plan advisors can help you with:

Day-to-day money management

Achieving your overall financial well-being

Reaching specific financial goals

Saving for retirement and major milestones

Protection against risk

Diversification, investment asset allocation and protecting against inflation


There is no charge and no minimum balance for this service.

Schedule your one-on-one meeting

Virtual sessions are available Monday through Friday, 6 a.m. to 6 p.m.

Explore the details

Watch the video to learn more

Tackle your retirement questions


Benefits are more than just health insurance. Talk to Alex to learn more about everything that’s available to you and your family, including our retirement plan.

Ask Alex


Helpful Resources
Want to enroll or change your contribution?
Retirement plan questions?

Call Empower to speak to someone about your financial goals.

Call 844.722.2794

Want to access your plan on the go?

Download the Empower app.

Get iOS App

Get Android App

This site summarizes the programs and benefits available to employees and their eligible dependents. Official plan documents, policies and certificates of insurance that contain the details, conditions, maximum benefit levels and restrictions on benefits govern our benefits program and are available on this site. In case of a conflict between this site and the official documents, the official documents prevail. The information on this site isn't a guarantee of benefits. Baylor Scott & White reserves the right to modify or terminate its employee benefit plans and programs at any time for any reason.

Click here if you have feedback on the website or need to report an issue. All other questions and issues, please contact the corresponding resource on the Need Help page.

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