401k Target Date Fund Choices Continue to Show Widespread Acceptance.
401k Target Date Fund choices continue to show widespread acceptance and increased usage. Learn from HR manager, Susan Palantino, HR manager at an association of professional mathematicians, after the conclusion of a TPSU program at LaSalle University. She discusses the human side of the benefits of 403b and 401k target date funds with Fred Barstein, the Founder and CEO of The Plan Sponsor University (TPSU).
Beyond the obvious benefit of having a professional manager who will rebalance portfolios, Ms. Palantino points out that 401k target date fund strategies relieve employee stress and any burden of having to select securities and manage funds themselves.