Comparison

Empower ® vs EdCoTax

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Empower ®

This app provides a comprehensive financial overview, consolidating all your accounts in one place. It offers tools to plan for retirement, manage budgets, track net worth, and simulate financial scenarios, making financial management clearer and simpler.

Highlights
  • Consolidated account view
  • Retirement planning
  • Budget tracking
  • Net worth tracking
  • Investment advice access
  • Financial scenario simulation
Features
Currently charting
Read full description

“The Empower Dashboard gives me a full picture of where I am financially without having to log in to all my accounts. It definitely makes my financial life clearer and easier.” – Benjamin D.*  You’re just a few taps away from downloading the app that Forbes gave 4.5/5 stars, describing its features as the “Best for Tracking Net Worth”.   According to CNBC, “If you’re looking for an app that lays out all your income and expenses while giving you access to professional investment advice, Empower may be the budgeting tool you’re looking for. **”   Get the industry-leading tools designed to help you map out your financial dreams and take the steps to reach them:  - Plan for retirement  - Adjust & compare scenarios  - Simulate recessions  - See all your accounts in one place  - Check for allocation imbalances  - Tackle debt  - Build an emergency fund   - Set & track budgets  - Secure your data with biometric and multi-factor authentication  - And more   Spend less time sorting through spreadsheets, filling out ledgers, and doublechecking individual accounts.   Experience more freedom to focus on what you enjoy. Financial clarity starts with the free Empower Dashboard.   Download today.   --  *Testimonials may not be representative of the experience of other individuals and are not a guarantee of future performance or success.  **Sources: Forbes, March 2025; CNBC, January 2025.  Securities, when presented, are offered and/or distributed by Empower Financial Services, Inc. (EFSI), Member FINRA/SIPC. EFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser Empower Advisory Group, LLC. This material is for informational purposes only and is not intended to provide investment, legal, or tax recommendations or advice.    Advisory services are provided for a fee by Empower Advisory Group, LLC (EAG). EAG is a registered investment adviser with the Securities and Exchange Commission (SEC) and an indirect subsidiary of Empower Annuity Insurance Company of America. Registration does not imply a certain level of skill or training. Investing involves risk. Past performance is not indicative of future returns. You may lose money. Advisory fees are calculated based upon the amount of assets being managed (as detailed further in the Empower Advisory Group, LLC Form ADV). “EMPOWER” and all associated logos and product names are trademarks of Empower Annuity Insurance Company of America.  ©2025 Empower Annuity Insurance Company of America. All rights reserved.  RO4520594-0625

About

EdCoTax

Features
Read full description

Con Edcotax, simplifica la gestión de tus facturas. Nuestra app utiliza tecnología OCR avanzada para escanear y extraer automáticamente los datos de tus facturas, permitiéndote subirlos directamente a la web de Edcotax en segundos. Olvídate de la introducción manual de datos y optimiza tu tiempo con una solución rápida, segura y eficiente. Funciones principales: Escaneo de facturas con OCR Subida automática a la web de Edcotax Interfaz intuitiva y fácil de usar Ahorro de tiempo en la gestión contable Descarga Edcotax ahora y digitaliza tu contabilidad con un solo clic.

Screenshots

Empower ®4 screens
EdCoTax4 screens

Verdict

The call

The clearest difference is update cadence: Empower ® at fortnightly against EdCoTax's every 2 months. Empower ® also leads on chart position (#61 vs unranked). On price, ads, in-app purchases and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

Empower ® ships an update fortnightly, EdCoTax every 2 months. The most recent releases landed on November 14, 2026 and November 8, 2026 respectively.

Scorecard2 real differences · 9 level
Empower ® versus EdCoTax: the parameters behind the verdict, then further details
ParameterEmpower ®EdCoTax
PriceFreeFree
Rating4.8 (426K ratings) — better—
Positive reviews18.0% of reviews—
Number of ratings426K — better—
Update frequencyFortnightly — betterEvery 2 months
AdsNoNo
In-app purchasesNoNo
MonetizationFree with in-app purchases—
Best chart rank#61 — better—
DevicesiPhone, iPad, iPod, Apple Watch — betteriPhone, iPad, iPod
Requires iOS15.0 — better15.1
Further details — not scored
Size480 MB21 MB
Age rating4+17+
DeveloperEmpower Retirement, LLCProgdev

Bugs and requests

Empower ®

Reported bugs

4 issues
  • Face ID/Touch ID not working consistently
  • Beneficiary information not displaying correctly
  • Crashes when trying to view balance over time
  • Unable to enter correct birth dates for beneficiaries

Requested features

5 requests
  • Ability to view investment performance history
  • Option to enter dollar amounts instead of just percentages
  • Faster and more reliable login process
  • Restore access to self-directed brokerage accounts
  • Provide a way to submit feedback and suggestions within the app

EdCoTax

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

Empower ®

No in-app purchases

None

EdCoTax

No in-app purchases

Questions

Is Empower ® free?
Empower ® is free to download, with no in-app purchases.
Is EdCoTax free?
EdCoTax is free to download, with no in-app purchases.
Do Empower ® or EdCoTax have ads?
Neither Empower ® nor EdCoTax shows ads.
Which is updated more often, Empower ® or EdCoTax?
Empower ® ships an update fortnightly, and EdCoTax every 2 months. Most recently, Empower ® was updated on November 14, 2026 and EdCoTax on November 8, 2026.

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