A world of investing for retirement™
Many workers struggling to save may believe they do not make enough money to build sufficient retirement income. But recent Putnam research found that current income is not the prime determinant of retirement readiness. Income helps, but savings behavior is … Continue reading
Among the many ideas offered on Capitol Hill to curb government spending and reduce the national deficit are proposals to limit tax deferrals for retirement savings. Considering the role that retirement savings play not only for individuals, but also in … Continue reading
The new federal tax law will reduce the Social Security payroll tax by 2% this year. Depending on income, that could add up to more than $2,000 for some taxpayers over the course of 2011. While such unexpected cash could … Continue reading
Take some time today to find out what 50 million investors have already learned about 401(k) plans: They are convenient Simply let your employer know you’d like to participate There are immediate tax benefits Contributions are made with pretax dollars, … Continue reading
The recession has compromised the ability of many investors to save for retirement. These are the findings of an annual study performed by Hewitt Associates sampling nearly 3 million employees from 120 large companies. The study was based on data … Continue reading
President Obama recently called for a change in rules to allow the use of annuities as investment options within 401(k) plans. Annuities are insurance agreements that provide a guaranteed income stream in retirement. A fact sheet released by the Administration’s … Continue reading
Target-date retirement funds are on the agenda this year on Capitol Hill as federal lawmakers and regulators promise to review how the funds are structured and sold. Designed to be a one-stop solution for investors, target-date retirement funds use a … Continue reading
Addresses Social Security solvency, universal coverage in workplace savings Speaking at the National Institute on Retirement Security in Washington, D.C., on February 2, 2010, Robert L. Reynolds, President and Chief Executive Officer of Putnam Investments, urged Congress and the Obama … Continue reading
Putnam CEO Robert Reynolds recently outlined his vision for transforming the retirement savings industry to better help investors create stable streams of income in retirement. One potential key to strengthening the system? Combining traditional mutual funds, absolute return strategies, and … Continue reading
Robert L. Reynolds talked to CNBC about a Putnam-sponsored survey on investors’ attitudes toward retirement investing and his views on the future of retirement saving in America.
The views and opinions expressed are those of Robert Reynolds, President and CEO of Putnam Investments, are subject to change and are not meant as investment advice. Mr. Reynolds is affiliated with Putnam Retail Management. Continue reading
