Fidelity rolls out product allowing 401(k) participants to buy annuities
Guaranteed Income Direct is integrated into Fidelity’s employee benefits portal and offers workers immediate income annuities at institutional pricing from the insurance company of their choice.
Fidelity Investments is launching a product that lets 401(k) or 403(b) plan participants who are retiring use a portion of their savings in the plan to buy an annuity to provide retirement income.
Guaranteed Income Direct is integrated into Fidelity’s employee benefits portal and offers workers
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