401k Target Date Funds Continue Growth
401k Target Date Fund choices continue to grow while reflecting widespread acceptance and increased usage. Professional Human Resources Manager, Susan Palantino, of an association of professional mathematicians, is interviewed following 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 benefit of having a professional manager who will rebalance portfolios, Ms. Palantino points out that 401k target date fund strategies relieve employee stress and the burden of having to select individual issue securities to manage funds themselves.