Fidelity Investments ®, the nation’s retirement leader 1, announces the broad availability of Guaranteed Income Direct, a new solution allowing employees to convert all or a portion of their retirement savings – from a 401(k), 403(b) or 457(b) – into an immediate income annuity to provide consistent, pension-like payments 2 throughout retirement.
Retirement preparedness is a source of financial stress for employees: 79% are worried they won’t have enough money to last their lifetime 3, and 85% feel employers should take more responsibility in helping them prepare for retirement 4. As such, guaranteed income solutions within workplace retirement plans have […]
Full Post at www.chronicle-tribune.com