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Putnam Investments is a subsidiary of Franklin Templeton Investments that offers mutual funds, retirement plans and 401 (k)s. It was founded in 1937 by George Putnam and faced several controversies and lawsuits over improper trading and asset management.
Empower is a subsidiary of Great-West Lifeco that offers retirement plan services to individuals and organizations. It was created in 2014 by combining the record-keeping businesses of Great-West Life, JPMorgan Chase, and Putnam Investments.
The Putnam Competition is an annual mathematics competition for undergraduate students in the US and Canada, offering scholarships and cash prizes for the top scorers and teams. It covers advanced topics in undergraduate mathematics and has a very low median score, making it one of the most challenging and prestigious competitions in the world.
About 35% of working Americans currently have 401(k)s, making it the most utilized retirement option, according to a 2020 census report. But that investment vehicle, beloved by employers across ...
People love 401(k) plans because they're simple, contributions are automatic and, in many cases, they offer free money in the form of matching employer funds. Unlike Roth IRAs and annuities ...
Learn the factors that affect your 401 (k) contribution, such as age, income, retirement goals and employer match. Find out the annual limit, tax implications and tips for boosting your savings.
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