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...
I have provided investment advice to self-directed 401(k) investors since July 1999. Most 401(k) participants do not know about self-directed 401(k) accounts. That fact has always been a mystery to me. Most individual investors have a traditional view of their company...
I am the father of two Gen Z’s. Many of their college roommates, teammates, and friends are now in my 401(k) advice client base. Both of my kids have confirmed the results I read of a Qualtrics study on behalf of Credit Karma. The study found that that 52% of Gen...
I have provided investment advice to self-directed 401(k) investors since July 1999. Most 401(k) participants do not know about self-directed 401(k) accounts. That fact has always been a mystery to me. Most individual investors have a traditional view of their company...
Every 401(k) retirement plan offers a default mutual fund menu. The mutual funds selected by your employer and plan administrator. The menu of mutual funds limits the fiduciary liability issues for both parties. Individual 401(k) participants may also have a...