Fidelity revamping retiree benefit plan at Insurance Wood

Fidelity revamping retiree benefit plan

BOSTON—Mutual fund giant Fidelity Investments is overhauling its retiree savings program, establishing new retiree health care accounts, beefing up its 401(k) plan and terminating its defined benefit pension plan. Fidelity is setting up health reimbursement arrangements under which Fidelity will...

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Fidelity revamping retiree benefit plan

Insurance Wood