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3/31/2006: Personalized Advice & Managed Accts: Usage & Affect on Behavior in 401(k) Plans (PDF) (Center for Retirement Research at Boston College)
35 pages. Excerpt: This paper investigates two methods for improving participants' asset allocations in their 401(k) plans: personalized online advice and managed account services. This paper uses a unique new dataset of individual-level administrative data from one 401(k) plan and recommendation data from an advice provider.
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