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Putnam Investments is an investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston. Headquartered in Boston, Massachusetts , it has offices in London , Tokyo , Frankfurt , Sydney , and Singapore . [ 2 ]
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Empower was created in 1891, when parent company Great-West Lifeco was founded as an insurance provider on the Canadian prairie. [1] After serving more than a century of expansion and a profound evolution of service offerings, the modern iteration of Empower was launched in 2014, when the retirement businesses of Great-West Life combined the record-keeping services of Great-West Financial ...
The Thrift Savings Plan (TSP) is a defined contribution plan for United States civil service employees and retirees as well as for members of the uniformed services. As of December 31, 2021, TSP has approximately 7 million participants (of which approximately 4.1 million are actively participating through payroll deductions), and more than $845 ...
And the state of Michigan began offering a Roth 401(k) in 2007 for state employees. ... fewer than one in five 401(k) participants — or 17.5% — contribute to or have money in the Roth 401(k ...
Getty ImagesIs your 401(k) overflowing with cash or riddled with high costs and poor investment options? By Emily Brandon A good 401(k) plan can help propel you to a secure retirement. Your 401(k ...
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