Supplement to the

Fidelity Flex® Freedom Blend Funds

May 30, 2025

STATEMENT OF ADDITIONAL INFORMATION

The following information supplements information found in the "Management Contracts" section.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend Retirement Fund ($3 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend Retirement Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend Retirement Fund ($3 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend Retirement Fund beneficially owned by Ms. McGuire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2010 Fund ($3 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2010 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2010 Fund ($3 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2010 Fund beneficially owned by Ms. McGuire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2015 Fund ($7 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2015 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2015 Fund ($7 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2015 Fund beneficially owned by Ms. McGuire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2020 Fund ($28 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2020 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2020 Fund ($28 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2020 Fund beneficially owned by Ms. McGuire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2025 Fund ($42 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2025 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2025 Fund ($42 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2025 Fund beneficially owned by Ms. McGuire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2030 Fund ($74 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2030 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2030 Fund ($74 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2030 Fund beneficially owned by Ms. McGuire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2035 Fund ($77 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2035 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2035 Fund ($77 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2035 Fund beneficially owned by Ms. McGuire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2040 Fund ($73 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2040 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2040 Fund ($73 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2040 Fund beneficially owned by Ms. McGuire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2045 Fund ($75 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2045 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2045 Fund ($75 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2045 Fund beneficially owned by Ms. McGuire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2050 Fund ($60 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2050 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2050 Fund ($60 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2050 Fund beneficially owned by Ms. McGuire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2055 Fund ($42 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2055 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2055 Fund ($42 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2055 Fund beneficially owned by Ms. McGuire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2060 Fund ($25 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2060 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2060 Fund ($25 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2060 Fund beneficially owned by Ms. McGuire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2065 Fund ($14 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2065 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2065 Fund ($14 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2065 Fund beneficially owned by Ms. McGuire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2070 Fund ($6 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2070 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola McGuire Foley as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	124	320	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$439,179	$243,590	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Flex® Freedom Blend 2070 Fund ($6 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Flex® Freedom Blend 2070 Fund beneficially owned by Ms. McGuire Foley was none.

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

XFC-SSTK-1225-101-1.9921266.101 December 26, 2025

Supplement to the

Fidelity Freedom® Index Funds

Investor Class

May 30, 2025

STATEMENT OF ADDITIONAL INFORMATION

The following information supplements information found in the "Management Contracts" section.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index Retirement Fund ($1,763 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index Retirement Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2010 Fund ($733 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2010 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2015 Fund ($1,942 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2015 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2020 Fund ($6,863 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2020 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2025 Fund ($14,690 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2025 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2030 Fund ($23,898 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2030 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2035 Fund ($25,605 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2035 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2040 Fund ($26,441 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2040 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2045 Fund ($23,754 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2045 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2050 Fund ($22,827 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2050 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2055 Fund ($17,141 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2055 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2060 Fund ($9,996 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2060 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2065 Fund ($3,365 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2065 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2070 Fund ($102 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2070 Fund beneficially owned by Ms. Dourney was none.

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

FRX-SSTK-1225-111-1.923244.111 December 26, 2025

Supplement to the

Fidelity Freedom® Index Funds

Institutional Premium Class, Premier Class, and Premier II Class

May 30, 2025

STATEMENT OF ADDITIONAL INFORMATION

The following information supplements information found in the "Management Contracts" section.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index Retirement Fund ($1,763 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index Retirement Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2010 Fund ($733 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2010 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2015 Fund ($1,942 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2015 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2020 Fund ($6,863 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2020 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2025 Fund ($14,690 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2025 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2030 Fund ($23,898 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2030 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2035 Fund ($25,605 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2035 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2040 Fund ($26,441 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2040 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2045 Fund ($23,754 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2045 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2050 Fund ($22,827 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2050 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2055 Fund ($17,141 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2055 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2060 Fund ($9,996 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2060 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2065 Fund ($3,365 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2065 Fund beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

	Registered Investment  Companies*	Other Pooled Investment Vehicles	Other Accounts
Number of Accounts Managed	118	319	none
Number of Accounts Managed with Performance-Based Advisory Fees	none	none	none
Assets Managed (in millions)	$430,294	$243,581	none
Assets Managed with Performance-Based Advisory Fees (in millions)	none	none	none

* Includes Fidelity Freedom® Index 2070 Fund ($102 (in millions) assets managed).

As of June 30, 2025, the dollar range of shares of Fidelity Freedom® Index 2070 Fund beneficially owned by Ms. Dourney was none.

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

FRX-CW-SSTK-1225-105-1.9866977.105 December 26, 2025