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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. Gen X is the 401(k) 'experiment generation.' Here's how that ...

    www.aol.com/finance/gen-x-401-k-experiment...

    In many ways, Gen X — those born between 1965 and 1980 — has led our nation’s experiment in the shift away from a pension system to a 401 (k) system, requiring individuals to save and ...

  4. Millions of Americans are set to lose a popular 401(k ...

    www.aol.com/finance/millions-americans-set-lose...

    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.

  5. Empower (financial services) - Wikipedia

    en.wikipedia.org/wiki/Empower_(financial_services)

    Rating. Fitch: AA (2020) Moody's: Aa3 (2020) S&P: AA (2020) AM Best: A+ (2020) Website. empower .com. Empower is a retirement plan recordkeeping financial holding company based in Greenwood Village, Colorado, United States. [7] It is the second-largest retirement plan provider in the United States.

  6. 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.

  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. [1] 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 ...

  8. 3 Money Benefits From Your 401(k) You Can Use Before ... - AOL

    www.aol.com/finance/3-money-benefits-401-k...

    Early withdrawals. If you withdraw money from your 401 (k) before you turn 65, or earlier if your plan defines retirement age as earlier than 65, you will pay a fine of “10% of the amount of the ...

  9. Fidelity Investments - Wikipedia

    en.wikipedia.org/wiki/Fidelity_Investments

    Fidelity Investments. Fidelity Investments, formerly known as Fidelity Management & Research ( FMR ), is an American multinational financial services corporation based in Boston, Massachusetts. Established in 1946, the company is one of the largest asset managers in the world, with $4.9 trillion in assets under management, and, as of December ...

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