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Participant Behaviors Do Not Match Target Date Assumptions
PLANSPONSOR
Jan. 11, 2010 Excerpt: A new report says actual participant behavior is more varied and volatile than most target-date funds assume. An analysis by J.P. Morgan Retirement Plan Services of over 350 defined contribution plans with 1.7 million participants, for which it provides recordkeeping services, indicates that participants continue to start saving too late and take too long to reach appropriate savings rates. MORE >> |
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