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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. Putnam is currently a subsidiary of Franklin Templeton Investments.
A 401 (k) plan is a tax-advantaged retirement savings tool offered by employers that allows eligible employees to contribute a portion of their salary up to a set amount each year. Unlike ...
Top reasons to take advantage of catch-up contributions. They can be made pre-tax. Catch-up deductions can be made pre-tax, which has the effect of reducing taxable income, perhaps significantly ...
Orr: My Story is a 2013 autobiography written by former professional hockey player Bobby Orr, who played for the Boston Bruins and the Chicago Blackhawks in the National Hockey League from 1966 to 1978. Orr had multiple knee surgeries and injuries that ended his career.
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 ...
The switch is more than a mere name change, as traditional 401(k) and Roth IRA accounts are very different retirement vehicles with distinctly different tax advantages and considerations.
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