Every 401(k) plan I review for my individual 401(k) advice clients includes a target-date mutual fund. Some 401(k) plans have been overrun by target-date mutual funds. So, target-date mutual funds are popular. At least with the retirement plan consultants who sold...
Since the Pension Protection Act in 2006, target-date mutual funds have become the most popular investment choice in many 401(k) retirement plans. Target-date funds are a “fund of funds”. These mutual funds don’t investment in stock of individual companies. Target...
There was a great 401(k)mutual fund article on Yahoo Finance over the holiday weekend. The article contained 5 Interesting Statistics on How Americans Use Their 401(k)’s. The first two statistics really caught my attention. I see these same two company 401(k)...
Everyone has to have a hobby, right? Lately, my hobby has been hating on company 401(k) retirement plan target date mutual funds. My problem started around Christmas time with this article. It got so bad, that I wrote this anti-target date mutual fund article last...
A recent “Top 10 Funds in 401(k)s” article includes recent analysis of mutual fund company market share in U.S. company 401(k) retirement plans by Judy Diamond Associates. There was no surprise on the dominance of the four largest company 401(k) retirement plan mutual...