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Choosing Default Investment Alternatives For 401(k)s Requires Close Due Diligence

TedTed
in The Bullpen
FYI: Target date funds are the runaway top choice to serve as the default option for 401(k) plans. According to the Plan Sponsor Council of America, over 80% of all 401(k) plans elect to use a Qualified Default Investment Alternative (QDIA) and over 75% of plans electing a QDIA use TDFs.
Regards,
Ted
http://www.investmentnews.com/article/20160525/BLOG09/160529957/choosing-default-investment-alternatives-for-401-k-s-requires-close
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