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Target-Date Funds See Net Outflows From Retirement Accounts in October
However, they still held the largest percentage of total balances in October and received the largest percentage of contributions.
Average 401(k) Balance Reached $99,900 in Third Quarter
This is a 2.25% increase from the average balance in the second quarter of the year.
Growth in TDF Market Underscores Proprietary Product Debate
The drivers behind a target-date manager offering open architecture most commonly include the belief that participants benefit from asset manager diversification and the need to outsource allocations to...