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CORRECTION: Fidelity Looks At Matching Rates

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NU Online News Service, Dec. 18, 2003, 9:15 a.m. EST – In an article about a study of retirement plan sponsors conducted by Fidelity Investments, Boston, the size of the typical Fidelity client’s maximum retirement plan matching contribution was described incorrectly.[@@]

Fidelity found that the typical employer who uses Fidelity’s plan recordkeeping services will match up to 5% to 6% of the employee’s salary.


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