The new jointstudy from the Investment Company Institute and the EmployeeBenefit Research Institute also indicates that more 401(k) planparticipants are investing in equities than was the case before thefinancial crisis in 2008. (Photo: Shutterstock)
Younger workers participating in 401(k) plans are allocating alarge part of their assets to target-date funds as well as to othertypes of balanced funds.
That's according to 401(k) Plan Asset Allocation, Account Balances, andLoan Activity in 2016, a new joint study from the InvestmentCompany Institute and the Employee Benefit Research Institute.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
