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red stock chart and finger pointing at it That TDF investors moved money out of funds that are designed to insulate savers from rash movements may be the most disconcerting news. (Photo: Shutterstock)

On Monday, trading activity in 401(k) plans spiked to three times the typical daily average, as escalations in the Trump administration’s trade dispute with China led to a 760-point drop in the Dow Jones Industrial Average.

Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.

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