Colorado Springs, Colorado 2021-12-29 14:54:01 –
Workers can soon have a safer option to save for retirement.
Fidelity Investments recently introduced a new guaranteed income direct platform that businesses can offer to their employees. Pensions stay within the company, savers can receive money in a 401k and turn it into a lifetime monthly payment no matter what happens in the market.“Basically, we promise to transfer these assets to an insurance company and pay their lifetime income throughout their lives,” said Keri Dogan of Fidelity Investments.The pandemic-related financial crisis has exploded interest in pensions. The changes brought about by the 2020 SECURE […]
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