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  2. ‘An utter failure’: This economist says 401(k)s ... - AOL

    www.aol.com/finance/utter-failure-economist-says...

    BlackRock CEO Larry Fink agrees with her, while even Ted Benna, the man who invented the 401(k) in 1978, conceded to the NYT that far too many Americans are being let down by the retirement system.

  3. Putnam Investments - Wikipedia

    en.wikipedia.org/wiki/Putnam_Investments

    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. Putnam is currently a subsidiary of Franklin Templeton Investments.

  4. The father of the 401(k) on the downsides of his most famous ...

    www.aol.com/finance/father-401-k-downsides-most...

    About 35% of working Americans currently have 401(k)s, making it the most utilized retirement option, according to a 2020 census report. But that investment vehicle, beloved by employers across ...

  5. A complete guide to 401(k) retirement plans: What is a ... - AOL

    www.aol.com/finance/complete-guide-401-k...

    Unlike traditional pension plans, in which the employer promises a specified monthly benefit at retirement, 401 (k) plans are funded by contributions deducted directly from the employee’s ...

  6. William Lowell Putnam Mathematical Competition - Wikipedia

    en.wikipedia.org/wiki/William_Lowell_Putnam...

    The William Lowell Putnam Mathematical Competition, often abbreviated to Putnam Competition, is an annual mathematics competition for undergraduate college students enrolled at institutions of higher learning in the United States and Canada (regardless of the students' nationalities). It awards a scholarship and cash prizes ranging from $250 to ...

  7. Stable value fund - Wikipedia

    en.wikipedia.org/wiki/Stable_value_fund

    A stable value fund is a type of investment available in 401(k) plans and other defined contribution plans as well as some 529 or tuition assistance plans. Stable value funds are often made available in these plans under a name that intends to describe the nature of the fund (such as capital preservation fund, fixed-interest fund, capital accumulation fund, principal protection fund ...

  8. The ‘father of the 401(k)’ talks about the death of pensions ...

    www.aol.com/finance/father-401-k-talks-death...

    Fortune sat down with Benna to discuss how the 401(k) has evolved since it became mainstream in the 1980s, the death of pensions, who the plan works best for, and the future of retirement in the U.S..

  9. General Schedule (US civil service pay scale) - Wikipedia

    en.wikipedia.org/wiki/General_Schedule_(US_civil...

    The locality pay adjustment is counted as part of the "high-3" salary in calculating Federal Employees Retirement System (FERS) and Civil Service Retirement System (CSRS) annuities, as well as the baseline for individuals having a percentage of salary deducted for deposit into the Thrift Savings Plan. Personnel outside the United States

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