Target date funds in corporate retirement plans grew from $5B in 2000 to $734B in 2018, partly because federal regulation sanctioned these as default investments in automatic enrollment plans. We show that adopters delegated pension investment decisions to fund managers selected by plan sponsors. Including these funds in retirement saving menus raised equity shares, boosted bond exposures, curtailed cash/company stock holdings, and reduced idiosyncratic risk. The adoption of low-cost target date funds may enhance retirement wealth by as much as 50 percent over a 30-year horizon
these funds has been more likely among participants who are young, have lower account balances and s...
Though millions of US workers have 401(k) plans, few studies evaluate participant investment perform...
We assess the impact on savings behavior of several different 401(k) plan features, including automa...
Target date funds in corporate retirement plans grew from $5B in 2000 to $734B in 2018, partly becau...
Target date funds in corporate retirement plans grew from $5B in 2000 to $734B in 2018, partly becau...
Individual responsibility for portfolio construction is a central theme for defined contribution pen...
The U.S. Department of Labor recently sanctioned a new class of default investments for DC retiremen...
WHY TARGET-DATE FUNDS ARE IMPORTANT: Target-date funds (TDFs) are designed to simplify retirement pl...
The introduction of lifecycle funds into 401(k) plans offers a rich environment in which to assess w...
Target-date mutual funds are likely to increase in popularity because they are now one of the three ...
This paper investigates whether mutual fund families acting as service providers in 401(k) plans dis...
As a result of poor asset allocation decisions by 401(k) participants, 72 % of all plans now offer t...
Investing is a complicated affair, particularly for people with low financial literacy. Target-date ...
Ph.D. University of Hawaii at Manoa 2012.Includes bibliographical references.This two part dissertat...
Most retirees take payouts from their defined contribution pensions as lump sums, but the US Treasur...
these funds has been more likely among participants who are young, have lower account balances and s...
Though millions of US workers have 401(k) plans, few studies evaluate participant investment perform...
We assess the impact on savings behavior of several different 401(k) plan features, including automa...
Target date funds in corporate retirement plans grew from $5B in 2000 to $734B in 2018, partly becau...
Target date funds in corporate retirement plans grew from $5B in 2000 to $734B in 2018, partly becau...
Individual responsibility for portfolio construction is a central theme for defined contribution pen...
The U.S. Department of Labor recently sanctioned a new class of default investments for DC retiremen...
WHY TARGET-DATE FUNDS ARE IMPORTANT: Target-date funds (TDFs) are designed to simplify retirement pl...
The introduction of lifecycle funds into 401(k) plans offers a rich environment in which to assess w...
Target-date mutual funds are likely to increase in popularity because they are now one of the three ...
This paper investigates whether mutual fund families acting as service providers in 401(k) plans dis...
As a result of poor asset allocation decisions by 401(k) participants, 72 % of all plans now offer t...
Investing is a complicated affair, particularly for people with low financial literacy. Target-date ...
Ph.D. University of Hawaii at Manoa 2012.Includes bibliographical references.This two part dissertat...
Most retirees take payouts from their defined contribution pensions as lump sums, but the US Treasur...
these funds has been more likely among participants who are young, have lower account balances and s...
Though millions of US workers have 401(k) plans, few studies evaluate participant investment perform...
We assess the impact on savings behavior of several different 401(k) plan features, including automa...