5 Questions to Ask When Taking a Hands-On Approach to Your 401(k)
Selecting your own investments? Here's what to know before you start.
Selecting your own investments? Here's what to know before you start.
More and more 401(k) investors are opting to be hands-off. A recent report by the Investment Company Institute and the Employee Benefits Research Institute found that more than half of 401(k) participants were invested in a target-date fund at the end of 2016.
But not all 401(k) participants are following that trend. Just 21% of all 401(k) assets are in target-date funds, so many 401(k) investors have clearly opted to take a hands-on approach with at least a portion of their portfolios.