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The mobile technology retirement space is heating up, with three major retirement plan providers launching new apps in recent months.
Vanguard has introduced new mobile apps and text messaging campaigns to communicate with participants in their 401(k) retirement plans. Vanguard developers also hope the new tools will improve retirement readiness across its investor population by making investment processes simpler and the ability to save for retirement more accessible to novice investors.
Koster is a Los Angeles-based freelance writer and former Employee Benefit News online managing editor.
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