FYI: (Click On Article Title At Top Of Google Search)
Fidelity Investments, the largest retirement plan record keeper, has introduced a new service for defined contribution plans that would allow employers to default employees into either a target date fund or a managed account. Record keepers, up until recently, have only allowed for one qualified default investment.
Regards,
Ted
https://www.google.com/#q=Fidelity+follows+Empower+in+launching+TDF-managed+account+hybrid&*
