J.P. Morgan adds retirement spending tool to target-date funds
The tool will help participants in the firm's SmartRetirement funds withdraw a portion of the money they have invested each year after they retire.
J.P. Morgan Asset Management is adding a tool to its SmartRetirement target-date series that will support plan participants’ efforts to turn their savings into income during their retirement, the firm announced Monday.
When participants in SmartRetirement funds retire, they can withdraw a porti
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