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Two of the biggest money managers are making a significant change. polkadot_photo / Shutterstock.com
A movement is afoot to provide retirees with more steady income for life. Two of the biggest money managers — Fidelity Investments and State Street Global Advisors — are pushing changes that could give tens of millions of 401(k) plan participants an option for consistent income through the use of annuities, The Wall Street Journal reports. Savers in these plans would be able to convert all or part…
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