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Fidelity to Offer Annuity Access to 401(k) Participants

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Fidelity to Offer Annuity Access to 401(k) Participants | ThinkAdvisor The investment giant cited growing interest in guaranteed income and reduced risk for employers under the Secure Act.

An annuity is an insurance contract that exchanges present contributions for future income payments. Sold by financial services companies, annuities can help reinforce your plan for retirement. Annuity contracts, however, have widely varying terms, and some charge high costs. If you’ve ever wondered what is an annuity, our guide will help you understand the key details so you can decide whether an annuity might be right for your retirement plan.

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Retirement Basics: What Is An Annuity? An annuity is an insurance contract that exchanges present contributions for future income payments. Sold by financial services companies, annuities can help reinforce your plan for retirement. Annuity contracts, however, have widely varying terms, and some charge high costs. If you’ve ever wonder...