Fidelity to Provide 401(k) Information For Job Changers at Monster.com
June 24, 2002
Fidelity Investments and Monster will create a co-branded Web site accessible directly from Monster.com to help people changing jobs assess their options for managing their 401(k), 403(b) or 457 retirement savings plans. The site will also contain step-by-step instructions for consolidating workplace retirement savings plans or rolling them over to an IRA.
"The more than one in five Americans who typically change jobs each year face a common dilemma of what to do with their workplace retirement savings plan assets when they make the transition," said Tracey Esherick, executive vice president with Fidelity. "By bringing Fidelity's retirement savings experience and options to the Monster site, we're providing education to help make the transition a little less stressful for millions of American workers."