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Vanguard Will No Longer Offer Its Signature S&P 500 Index Fund in Its Own Employees' Retirement Fund
Philadelphia Inquirer
June 6, 2018 "At Vanguard, which popularized the S&P 500 index funds, workers will no longer be able to choose that option in their 401(k) retirement plan.... Vanguard painted the slimming down of its fund choices as a better option for employees. Money now in the funds that are being dropped will be transferred into Target Date Retirement mutual funds based on the employee's age, starting June 25." MORE >> |
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