American Century and
T. Rowe Price are among the fund companies that are cooking up retirement income funds,
Shefali Anand
reported in
The Wall Street Journal's monthly Investing in Funds section published Monday. They would join five firms --
Fidelity,
Vanguard,
DWS Scudder,
Charles Schwab and
Russell Investments -- that have already launched retirement income funds, and
John Hancock, which plans to roll out its own offering this summer. Anand says more fund firms are expected to follow suit.
 
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