Defined Contribution Plans
Sub-Title:
Key Information on Target Date Funds (TDF) As Default Investments Should Be Provided to Plan Sponsors and ParticipantsAuthor:
Charles A. JeszeckPublisher:
DIANE Publishing CompanyPublication Date:
02-28-2011ISBN:
9781437982183Subjects:
BusinessAvailable as:
Paperback, 9781437982183Description:
To promote the adoption of appropriate default invest. by retirement plans that automatically enroll workers, the Dept. of Labor (DoL) identified TDF as the most popular default invest. TDFs are designed to provide an age-appropriate asset allocation for plan participants over time. This report addressed these questions: (1) To what extent do the invest. compositions of TDFs vary; (2) what is known about the performance of TDFs; (3) how do plan sponsors select and monitor TDFs that are chosen as the plan's default invest., and what steps do they take to communicate info. on these funds to their participants; and (4) what steps have DoL and the SEC taken to ensure that plan sponsors select and use TDFs? Illus. A print on demand report.
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