Target Date Retirement Funds – a popular investment option
Target Date Retirement Funds (TDF’s) have become an increasingly popular investment option in 401(k) plans.
It is important to identify the differences between various funds, especially in their fee structure, investment strategy and glide path.
As TDF offerings continue to expand, and as their popularity with plan sponsors and participants grows, it is essential that the plan fiduciary understands these differences and considers them as part of a prudent selection process.
Find more details about the U.S. Department of Labor guidelines for Target Date Fund in the latest AALU Washington report about Selecting and Monitoring Target Date Funds.