Your 401(k) Is About to Start Paying a Pension

Are pensions making a comeback?

Fidelity and Vanguard are adding lifetime income annuity options to 401(k) target-date funds, giving retirees a pension-like paycheck in retirement.

Learn how these new products work, their pros and cons, and what they could mean for your retirement strategy.

#RetirementPlanning #401k #Fidelity #Vanguard #RetirementIncome #PersonalFinance #Investing #MoneyMattersMD

The skinny

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