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Employers with 401(k) Plans Should Not Take Rash Actions During These Volatile Times
Workforce Management; registration may be required
Nov. 10, 2008 Excerpt: Right now, the best action for plan sponsors is to keep a cool head. That, for the most part, means business as usual. Are the plan's funds behaving as expected on a relative basis? Are the service providers sound? Are participants getting the right messages? Still, the current market turmoil does create a few wrinkles. For example, many plan sponsors will find that this is the first major market decline ever experienced by their target-date funds. MORE >> |
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