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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March 11, 2010
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 Middle Class Task Force noted that 401(k) regulations need to be updated to improve transparency and reliability. [...]
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
