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Monday, June 30, 2014

More 401(k) Members Use Target-Date-Style Asset Mixes



Investor's Business Daily - Investing RSS http://ift.tt/V4W5Ur 401(k) plan members are investing in new ways. That's a key finding in Vanguard Group's recently released annual study of data for defined contribution plans, which include 401(k)s. The report, "How America Saves 2014," shows that as of the end of 2013, more members of Vanguard-run retirement plans like 401(k)s used asset mixes chosen by professional money managers. A big concern in the fund industry has been the overreliance on cash and bonds by


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