Randall & Hurley, Inc.
EPIC Retirement Plan Services
Loren D. Stark Company
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|Prudent Target Date Fund Decisions for Fiduciaries (PDF)|
Ron Surz, in benefits Magazine, published by the International Foundation of Employee Benefit Plans [IFEBP]
June 23, 2015
"60% of new contributions to 401(k) plans will be invested in TDFs within a few years. In 2008, the typical 2010 fund -- a fund intended for someone about to retire -- lost 30% of its value because of a high allocation to equities.... The objective of a TDF is to preserve a participant's assets as retirement approaches, not to increase the account's value to make up for inadequate savings. Every TDF should have a statement of investment policy."
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