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In September 2020, the company also acquired the retirement plan business of MassMutual for $4.4 billion. Empower acquired the heritage SunTrust 401(k) recordkeeping business, which includes approximately 300 retirement plans consisting of more than 73,000 plan participants and $5 billion in plan assets.
That year, Putnam launched the industry's first suite of absolute return funds available to U.S. retail investors and re-entered the institutional defined contribution business with a 401(k) product offering. In 2011, Putnam received the DALBAR Service Award for the 21st consecutive year for "industry leading service to shareholders and ...
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Keep in mind that retirement accounts, which include individual retirement accounts, Keogh accounts, and certain employer-sponsored accounts, such as 401(k), 403(b), and thrift savings accounts ...
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Students at dozens of universities in the U.S. and Canada are continuing to protest for Palestinian human rights after months of war in Gaza.
The Supreme Court has scheduled a special session to hear arguments over whether former President Donald Trump can be prosecuted over his efforts to undo his 2020 election loss to President Joe Biden.
By Sarah Morland. (Reuters) - More than 2,500 people were killed or injured in gang violence in Haiti from January through March, up 53% from the last three months of 2023, the United Nations ...