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Fidelity is clamping down on third-party access to 401(k)s, a move that could restrict outside advisors from managing clients’ assets in those accounts. On Friday, the massive financial services ...
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The $5 trillion Fidelity FamilyFidelity: The $5 Trillion Empire Controlled by One Family" Ever wondered who holds the real power behind America's retirement ...
Employees who choose Fidelity's new option will have their bitcoin held and managed in a so-called digital asset account, which is separate from the main 401(k) bucket. Fidelity plans to cap how ...
Fidelity plans to add bitcoin to its 401(k) options. Fidelity says it's responding to high interest in digital assets. But critics say investing retirement funds in bitcoin is too risky.
The financial services company Fidelity Investments said it was giving companies the ability to offer employees the option to invest up to 20 percent of their 401(k)s in bitcoin.
For Fidelity, which is one of the country’s largest 401(k) providers with 24 million defined-contribution accounts as of June 30, 2024, that raises security and privacy issues.
Retirement giant Fidelity investments has agreed to pay $12 million to settle two lawsuits over the ... according to Brightscope, which ranks company 401(k) plans. In contrast, the typical 401 ...
Balances for 401(k) retirement accounts hit the "second-highest average on record" in the final quarter of 2024, according to new data from Fidelity Investments. The financial services company ...
In tracking savings growth over the past year, Fidelity found that the average 401(k) account for Baby Boomers rose 6.3%. Millions of Boomers, of course, will be retiring over the next several years.
Fidelity’s solution enters an evolving marketplace for the use of annuities as a pension-like solve for America’s 401(k)-dominant retirement system. This year, automakers General Motors and Stellantis ...
Citing data security concerns, Fidelity has informed advisors that it intends to block their access to customers' employer-sponsored 401(k) accounts via credential sharing.
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