Envestnet: Personalize Those 401(k) Target Date Funds
Target-date funds are popular in 401(k) plans, but assume uniform goals and risks. Can 401(k) managed accounts offer greater personalization?
Customization is everywhere these days. We customize our workouts, our phones, our social media feeds, and even our fast-food hamburgers. One area where we may benefit even more from personalization is within our investment portfolios, particularly within our workplace savings accounts.