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According to the UC Berkeley Center for Labor Research and Education, about 75% of 401(k) account holders have balances below the frequently cited average of $60,000. The median account balance is ...
Fortunately, the survey results were positive for 401 (k) owners. Both employers and employees are contributing more money for Americans' retirements. Average company contributions increased to 4 ...
For years, workers and consumer advocates have criticized 401(k) plans for their hidden fees and high overall costs. With so much money going to fund managers, even during the horrible periods for ...
Putnam Investments compared those three key nest-egg components over a 15-year period, from January 1990 to December 2004, and found that investment performance actually had the lowest impact.
Putnam Investments. Putnam Investments is a privately owned investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston. As one of the oldest mutual fund complexes in the United States, Putnam has over $ 183 billion in assets under management, 79 ...
He spent three years at Putnam Science Academy where he starred for one of the top prep school basketball programs in the country and left as the school's all-time leading scorer.
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