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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 ...
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In 2009, according to a Putnam press release, Reynolds designed a 10-point plan and launched an effort calling for public and private collaboration to strengthen the nation's retirement system. [17] That year, Putnam launched the industry's first suite of absolute return funds available to U.S. retail investors and re-entered the institutional ...
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When planning for retirement, you don’t just want to consider the types of accounts available, like Roth IRAs or gold IRAs. Make sure you’ve got the right stocks, ETFs, and savings plans ...
Furthermore, large numbers would like semi-retirement arrangements or flexible work schedules. [100] There is an ongoing shift away from pension plans in favor of 401(k) or similar options, which do not mandate retirement at a certain age. [13] The COVID-19 pandemic may have sped up the retirement of some Baby Boomers, however. [101]
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