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Fidelity Launches Product To Help Workers Convert Funds Into Annuities

Fidelity Investments today announced Guaranteed Income Direct, a retirement income product that allows individuals to convert a portion of their 401(k) or 403(b) savings into an annuity to provide ...

Fidelity, Vanguard and BlackRock are putting annuities inside your 401(k). They're betting you want pension-like income, not guesswork at retirement

The pension may be dying, but investment firms are reviving the idea with 401(k)s that include annuities.

Fidelity, Vanguard and BlackRock are all adding annuities to 401(k) plans — betting retirees want pension-like income

If you crave more predictability when you retire, a trending 401(k) plan option could be the answer to your prayers.​ More of America’s largest investment firms are shaking up the standard target-date ...
InvestmentNews

Fidelity rolls out product allowing 401(k) participants to buy annuities

Fidelity Investments is launching a product that lets 401(k) or 403(b) plan participants who are retiring use a portion of their savings in the plan to buy an annuity to provide retirement income.
American Banker

Fidelity Joins Movement to Simpler Variable Annuities

Fidelity Investments has become the latest financial services provider to launch a simplified, low-cost variable annuity product in an effort to attract customers, including bank clients, who are ...
Nasdaq

Jackson Enhances Variable Annuity Benefit Suite, Adds Fidelity to Money Manager Roster

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Jackson National Life Insurance Company® (Jackson®) today announced several benefit updates to its family of variable annuities (VAs), including Perspective II and ...
Financial Planning

Fidelity, MetLife Lifetime Income Annuity Hits $1 Billion

Fidelity announced Monday that the lifetime income variable annuity that it offers through MetLife, the MetLife Growth and Guaranteed Income annuity, has attracted more than $1 billion in sales since ...

Fidelity Joins BlackRock, Vanguard in Offering Annuities in 401(k) Plans

Pensions may be going the way of the dinosaurs, but retirement savers can increasingly find another product in their plans that serves a similar purpose: annuities. Fidelity Investments is adding an ...
Financial Planning

Fidelity Platform Ties 401(k)s to Annuities

Fidelity Investments has introduced an open architecture annuity platform that an executive said should help the Boston investment company retain assets after 401(k) customers retire. Processing ...
Business Wire

Fidelity Investments ® Announces New Investment Solution: a Variable Annuity Providing Principal Protection and Growth Potential Developed with New York Life

BOSTON--(BUSINESS WIRE)--Fidelity Investments ® today announced the launch of a new deferred variable annuity product that provides investors with growth potential while ensuring guaranteed principal ...
InvestmentNews

Fidelity cuts VA fee by 10 basis points

Fidelity Investments’ insurance unit has dropped the cost of its variable annuity by 10 basis points and has created a new fee level for larger accounts. The move lowers the fee on the Personal ...