Can I set up automated contributions to my investment account?

Putnam Investments offers customers the option to set up automated contributions to their investment accounts, which can be a convenient way to invest regularly without needing to remember to make contributions manually. Automated contributions typically allow investors to schedule regular transfers from their bank accounts to their investment accounts at intervals of their choosing, such as weekly, monthly, or quarterly. This feature can help individuals maintain a disciplined approach to investing and take advantage of dollar-cost averaging. To set up automated contributions, investors would generally need to log into their online account and navigate to the appropriate section for transactions or settings. It is advisable for investors to review their account's current web page for specific instructions, as details may vary based on account types and configurations.