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JPMorgan Jumps Into 401(k) Annuity Market
By
Allison Bell
News August 19, 2024 at 02:08 PM
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What You Need To Know
- The Secure Act and Secure 2.0 Act helped create the framework for the new in-plan annuitization options.
- A similar BlackRock program attracted more than $800 million in deposits in the second quarter.
- The J.P. Morgan program will combine a stable-value feature with annuity income.
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