Fidelity Enhances iPhone App with Access to 401k and 403(b) Accounts
BOSTON, MA, June 22, 2010 -- Fidelity Investments®, the nation’s No. 1 provider of workplace retirement savings plans, today enhanced its free iPhone® and iPod touch® application to provide workplace savings plan participants access to retirement account information in a secure and easy-to-use app. Available from iTunes®, the app now enables Fidelity’s more than 14 million 401k and 403(b) plan participants to quickly view balances, positions and year-to-date history, including their personal rate of return (PRR).1
“America’s workforce is more mobile than ever, and we understand that many employees wish to view their 401k accounts on the go,” said James M. MacDonald, president, Workplace Investing, Fidelity Investments. “Today’s app blends the technology and security of Fidelity’s online account information with the functionality of the iPhone® and iPod touch® for a better customer experience.”
The enhancement of Fidelity’s mobile app puts the power of its award-winning2 online workplace sites, such as Fidelity NetBenefits®, into the hands of participants who carry an iPhone® or iPod touch®. After a free download from the iTunes App Storesm (www.itunes.com/appstore), participants can track retirement savings accounts closely by viewing their investment choices, such as the mutual funds they hold; account balances; year-to-date performance and a personal rate of return; and recent account transactions. Participant account balances are updated daily.
In February, Fidelity Mobilesm launched a brokerage trading app, enabling stock, option, ETF and mutual fund trading over a secure trade ticket powered by Apple’s Multi-Touch™ user interface. Fidelity long has been a leader in mobile computing, introducing mobile trading on a RIM® pager more than 10 years ago. Since then, Fidelity Mobile has given brokerage customers access to comprehensive investment services on an extensive variety of handheld devices, including Blackberry®, Palm® and other Web-enabled phones.
About Fidelity Investments
Fidelity Investments is one of the world's largest providers of financial services, with assets under administration of over $3.2 trillion, including managed assets of over $1.4 trillion, as of May 31, 2010. Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms. For more information about Fidelity Investments, visit www.fidelity.com.
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