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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] Putnam is currently a subsidiary of Franklin Templeton ...
The minimum withdrawal age for a traditional 401 (k) is technically 59½. That’s the age that unlocks penalty-free withdrawals. You can withdraw money from your 401 (k) before 59½, but it’s ...
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.
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 ...
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In 1993, Concert Capital Management was created as a subsidiary of MassMutual to oversee retirement funds and endowment assets. The investment management firm of David L. Babson & Co. was purchased in 1995 – increasing MassMutual's assets under management to more than $78 billion.
George Palmer Putnam's grandson and namesake, George P. Putnam (1887–1950), was part of the family business but was also an author and explorer whose first wife was Dorothy Binney, the daughter of Edwin Binney who founded Crayola; after their divorce, he married the famous aviator Amelia Earhart.
James Jackson Putnam (October 3, 1846 – November 4, 1918) was an American neurologist. Biography [ edit ] Born in Boston , Massachusetts and graduated from Harvard College with a Bachelor of Arts degree in 1866, Putnam went to Europe to study in the company of Baron Carl von Rokitansky , Theodor Meynert and John Hughlings Jackson .