*Annuity guarantees are subject to the claims-paying ability of the issuing insurance company.

**These changes were made as part of the spending bill that was signed into law on December 20, 2019. Please be patient as we understand the new law, work with regulators, and design practical and effective solutions. Awaiting regulatory guidance on key provisions. The lifetime income safe harbor applies only to fiduciaries under ERISA. The lifetime income disclosures are required only for participants in ERISA-covered plans.

***Only appropriately insurance-licensed and appointed representatives can discuss the specific benefits and features of annuities available at Fidelity.

This is not a complete list of changes. Check with your tax advisor regarding your specific situation.

1 Fidelity Investments 2020 Plan Sponsor Attitudes Survey

Fixed annuities available at Fidelity are issued by third-party insurance companies, which are not affiliated with any Fidelity Investments company. These products are distributed by Fidelity Insurance Agency, Inc., and, for certain products, by Fidelity Brokerage Services, Member NYSE

For plan sponsor and investment professional use only.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

© 2021 FMR LLC. All rights reserved.

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