Thank you for sharing!

Your article was successfully shared with the contacts you provided.
It really doesn’t matter which type of target date fund the plan sponsor chooses. From a fiduciary liability standpoint, the only real concern deals with whether the TDFs contain hidden conflict-of-interest fees. (Photo: Fotolia)

Target date funds came as a godsend courtesy of the 2006 Pension Protection Act. They have redefined the 401(k) for both the employee and the sponsoring company (see “How QDIOs Have Changed the Fiduciary Role of 401k Plan Sponsors).

Christopher Carosa


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.