Supplement to the

Fidelity Freedom® Funds

Class K6

May 30, 2025

STATEMENT OF ADDITIONAL INFORMATION

Effective September 9, 2025, Fidelity Freedom® Income Fund will be renamed Fidelity Freedom®Retirement Fund. All references to the former name are replaced with the new name as appropriate.

FF-K6-SSTK-0925-102-1.9885275.102 September 9, 2025

Supplement to the

Fidelity Freedom® Funds

Class K

May 30, 2025

STATEMENT OF ADDITIONAL INFORMATION

Effective September 9, 2025, Fidelity Freedom® Income Fund will be renamed Fidelity Freedom®Retirement Fund. All references to the former name are replaced with the new name as appropriate.

FF-K2-SSTK-0925-102-1.9885273.102 September 9, 2025

Supplement to the

Fidelity Freedom® Funds

May 30, 2025

STATEMENT OF ADDITIONAL INFORMATION

Effective September 9, 2025, Fidelity Freedom® Income Fund will be renamed Fidelity® Freedom Retirement Fund. All references to the former name are replaced with the new name as appropriate.

FF-SSTK-0925-130-1.476278.130 September 9, 2025