If a target date mutual fund was your favorite sports team. They would miss the playoffs this season. In the last few weeks, lawyers filed six separate suits against 401(k) sponsors. Each of these lawsuits charged the BlackRock target-date funds with deficient...
Target date mutual funds have been advertised and promoted by company retirement plan sponsors as the “set-it-and-forget-it” alternative to managing your individual company 401(k) retirement plan account. Target date mutual funds mix stocks and bonds in ranges from...
Ron Lieber of the New York Times is one of my favorite authors of financial and money matters. I frequently forward his columns to my existing clients and future prospects. His August 22, 2014 article titled “An Emerging Price War in the World of Investment Advice” is...