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Revising Target-Date Funds

The popular 401(k) investments performed poorly during the market meltdown, drawing the attention of regulators.

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Target-date funds, those hot 401(k) investments, ran into trouble during the financial crisis. Many target-date funds performed poorly amid the sell-off, with the worst showing among funds designated for workers nearing retirement. Those losses have given rise to calls for changes in the funds.

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