The Retirement Savings Challenge » 401k

What’s the best way to be ready to retire? Save in your 401(k).

Putnam Investments — Thu, 14 Jul 2011 19:05:51 +0000

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 »

Constraining retirement savings would be a policy mistake

Putnam Investments — Thu, 02 Jun 2011 16:38:01 +0000

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 »

2011 payroll windfall: Save or spend?

jayme_lacour@putnam.com — Thu, 17 Feb 2011 20:14:32 +0000

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 »

Happy 401(k) Day!

paul_ahearn@putnam.com — Fri, 10 Sep 2010 12:48:02 +0000

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 »

Many investors are not taking advantage of company 401(k) match

jayme_lacour@putnam.com — Thu, 05 Aug 2010 17:27:32 +0000

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 »

Washington viewing annuities as part of a lifetime income solution

jayme_lacour@putnam.com — Thu, 11 Mar 2010 18:50:38 +0000

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 »

SEC eyes target-date funds

paul_ahearn@putnam.com — Thu, 04 Mar 2010 16:31:55 +0000

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 »

Putnam’s Robert L. Reynolds urges action in 2010 to strengthen all of America’s retirement savings systems

paul_ahearn@putnam.com — Thu, 04 Feb 2010 19:09:06 +0000

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 »

Taking the Next Step in Lifetime Income Planning

paul_ahearn@putnam.com — Wed, 03 Feb 2010 18:13:00 +0000

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 »

2010: The Year of Retirement Reform

paul_ahearn@putnam.com — Mon, 01 Feb 2010 21:32:22 +0000

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 »