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Big Players in 401(k) Industry Team Up to Launch 401(k) Rollover Plan Product
CNBC
Oct. 7, 2022 "401(k) plans hold a whopping $7.7 trillion in retirement savings. But cash-outs of small accounts pull billions from the system each year and can harm investors' chances of a secure retirement, research shows. A trio of the industry's largest 401(k) administrators -- Fidelity Investments, Vanguard Group and Alight Solutions -- have teamed up to change that." |
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