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Use of Target Date Funds Expands in 401(k) Plans
Investment Company Institute [ICI] and Employee Benefit Research Institute [EBRI]
Dec. 23, 2013 "Target date fund use varies across 401(k) participant age.... [Y]ounger participants are more likely to hold target date funds and target date funds represent a much larger share of their 401(k) assets. At year-end 2012, 52 percent of 401(k) plan participants in their twenties had target date funds, and those funds made up 34 percent of their 401(k) assets." MORE >> |
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