Post by Admin/YBB on Nov 18, 2021 22:17:38 GMT -6
2019 Secure Act allowed annuities in 401k (they were allowed in 403b already - TIAA pioneered those). The pickup has been slow, but now Fidelity is taking the plunge and will soon (2022) offer them in Fidelity 401k and 403b.
www.businesswire.com/news/home/20211118005503/en/Fidelity-Investments-Launches-Guaranteed-Income-Direct-to-Help-Workers-Convert-401-k-and-403-b-Savings-Into-Annuities-at-Retirement
www.thinkadvisor.com/2021/11/18/fidelity-to-offer-annuity-access-to-401k-participants/?slreturn=20211018230324
www.businesswire.com/news/home/20211118005503/en/Fidelity-Investments-Launches-Guaranteed-Income-Direct-to-Help-Workers-Convert-401-k-and-403-b-Savings-Into-Annuities-at-Retirement
www.thinkadvisor.com/2021/11/18/fidelity-to-offer-annuity-access-to-401k-participants/?slreturn=20211018230324