TITLE

Hartford's 401(k) Has Income Option

PUB. DATE
June 2008
SOURCE
Best's Review;Jun2008, Vol. 109 Issue 2, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Hartford Financial Service Group Inc.'s employees will have an option to buy guaranteed lifetime income in the company's 401(k) plan. It is noted that lifetime income will be acquired through contributions, exchanges and rollovers, and will be qualified for the company's employer match. The company contracts with Fidelity Investments for the plan's recordkeeping and administrative services.
ACCESSION #
32712301

 

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