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          <ccc>XXXXXXXX</ccc>
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      <regFileNumber>811-03364</regFileNumber>
      <regCik>0000356476</regCik>
      <regLei>RUYOMHMDMSPQ01U66388</regLei>
      <regStreet1>8515 E Orchard Road</regStreet1>
      <regCity>Greenwood Village</regCity>
      <regStateConditional regCountry="US" regState="US-CO"/>
      <regZipOrPostalCode>80111</regZipOrPostalCode>
      <regPhone>866-831-7129</regPhone>
      <seriesName>Empower Moderately Aggressive Profile Fund</seriesName>
      <seriesId>S000023751</seriesId>
      <seriesLei>549300YVRLHN4K6DRH20</seriesLei>
      <repPdEnd>2026-12-31</repPdEnd>
      <repPdDate>2026-03-31</repPdDate>
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      <totLiabs>1655221.680000000000</totLiabs>
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        <name>EMPOWER FUNDS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EMPOWER FUNDS INC</name>
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        <name>EMPOWER FUNDS INC</name>
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        <name>EMPOWER FUNDS INC</name>
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      <invstOrSec>
        <name>EMPOWER FUNDS INC</name>
        <lei>RUYOMHMDMSPQ01U66388</lei>
        <title>HIGH YIELD BOND-INST</title>
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          <isin value="US39137E4834"/>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-05-19</ncom:dateSigned>
      <ncom:nameOfApplicant>EMPOWER FUNDS, INC.</ncom:nameOfApplicant>
      <ncom:signature>/s/Kelly New</ncom:signature>
      <ncom:signerName>Kelly New</ncom:signerName>
      <ncom:title>Treasurer, Empower Funds, Inc.</ncom:title>
    </signature>
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  <documents>XXXX</documents>
</edgarSubmission>
