About the Retirement Savings Challenge

At Putnam, we're starting a conversation about America's existing workplace savings plans, because we believe they can become a more reliable foundation for our nation’s retirement system. Today's retirement savings challenge is too big for any one company or industry to solve. As we work with others in the private and public sectors, we will keep you informed through regular updates to this site.
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Help Small Businesses Offer Retirement Savings Plans

May 11, 2009

Current situation

In 2006, a quarter-century after the first 401(k) plans were launched, 62 million Americans participated in a workplace retirement plan.

Retirement challenge

75 million American workers still lack any access to workplace retirement savings plans.

Bob Reynolds’ Retirement Reform Agenda

Develop creative, cost-effective ways to help small or struggling businesses offer simple, low-cost savings options to workers.

This is one of the proposed retirement savings reforms proposed by Bob Reynolds, President and CEO of Putnam Investments. For the full list, read the blogs in the Workplace Savings 3.0 category and see the document embedded below.

Bob Reynold’s Retirement Reform Summary

Category: Workplace Savings 3.0

Talk to your financial advisor or call Putnam Investments at 1-800-225-1581 to find out which tax benefits best match your savings goals and what kind of asset allocation is right for you.

The views and opinions expressed are those of the Putnam Investments, are subject to change with market conditions, and are not meant as investment advice.

Investors should carefully consider the investment objectives, risks, charges, and expenses of a fund before investing. For a prospectus, or a summary prospectus if available, containing this and other information for any Putnam fund or product, visit the prospectus section of putnam.com, call your financial representative, or call Putnam at 1-800-225-1581. Please read the prospectus carefully before investing.

Putnam Retail Management