{"id":7239,"date":"2024-02-16T11:37:29","date_gmt":"2024-02-16T16:37:29","guid":{"rendered":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=7239"},"modified":"2024-02-16T11:37:29","modified_gmt":"2024-02-16T16:37:29","slug":"fidelity-adds-annuity-option","status":"publish","type":"post","link":"https:\/\/therosenbaumlawfirm.com\/blog\/?p=7239","title":{"rendered":"Fidelity adds annuity option"},"content":{"rendered":"<p>Fidelity is offering a new solution, that will allow employees to convert all or a portion of their retirement savings\u2014from a 401(k), 403(b), or 457(b)\u2014into an immediate income annuity.<\/p>\n<p>I will be honest, I will not recommend any of my plan sponsor clients to offer an annuity option. Why? I hate volunteering people to do things and if a plan offers an annuity option, they have to vet the annuity provider and the products being offered.<\/p>\n<p>I want participants to take their money in a lump sum and leave. What they want to do with their money is their business and I don\u2019t want plan sponsors to have more on their plate.<\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Fidelity is offering a new solution, that will allow employees to convert all or a portion of their retirement savings\u2014from a 401(k), 403(b), or 457(b)\u2014into an immediate income annuity. I will be honest, I will not recommend any of my &hellip; <a href=\"https:\/\/therosenbaumlawfirm.com\/blog\/?p=7239\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7239"}],"collection":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7239"}],"version-history":[{"count":1,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7239\/revisions"}],"predecessor-version":[{"id":7240,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7239\/revisions\/7240"}],"wp:attachment":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}