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Fidelity To Launch Program For 401(k) Participants To Draw Down Accounts

FYI: Fidelity Investments is rolling out technology early next year trying to help participants draw down their 401(k) accounts and model scenarios for collecting regular paychecks from their retirement assets.

Fidelity, the largest record keeper of defined-contribution plans — which administers roughly $1.8 trillion — is trying to help address what has emerged as one of the biggest challenges for retirement plan participants.
Regards,
Ted
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