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Fidelity Collaborates with Retirement Clearinghouse to Implement Auto-Portability for 2.2M Participants
Dec 05, 2024•almost 2 years ago
Contract Type
agreement
Description
Fidelity Investments has implemented automatic portability for plan sponsors as part of its retirement report for the third quarter. The auto-portability feature is designed to prevent workers from cashing out their 401(k) savings during job changes, in an attempt to limit taxes, penalties, and diminished retirement funds.
Company Information
Company
Fidelity Investments
Location
Salem Street
About
//www.fidelity.com/aboutfidelity/our-company.
Predictive Intelligence
Strategic
ML-powered predictions for Fidelity Investments's next move