J.P. Morgan adds retirement spending tool to target-date funds
![J.P. Morgan retirement tool](https://s32566.pcdn.co/wp-content/uploads/2022/03/retirees-in-beachchairs-illo-951x634.jpg.optimal.jpg)
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
Learn more about reprints and licensing for this article.