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Putnam Investments is an investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston. Headquartered in Boston, Massachusetts , it has offices in London , Tokyo , Frankfurt , Sydney , and Singapore . [ 2 ]
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The bank was established in 1871 in Brewster, New York as the Putnam County Savings Bank. [2] In April 2015, the bank acquired CMS Bancorp. [3] In October 2015, the bank changed its name to PCSB Bank. [2] In April 2017, the company converted itself from a mutual organization to a joint-stock company and became a public company via an initial ...
529 plans are named after section 529 of the Internal Revenue Code—26 U.S.C. § 529.While most plans allow investors from out of state, there can be significant state tax advantages and other benefits, such as matching grant and scholarship opportunities, protection from creditors and exemption from state financial aid calculations for investors who invest in 529 plans in their state of ...
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