Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In general, target-date funds have been a hit with 401(k) plans, but the losses suffered during the 2008 market meltdown by some funds designed for participants close to retirement have given companies a reason to reconsider their use of the funds. The losses “enlightened plan sponsors to the differences in the glidepath,” says Mark Ruloff, director of asset allocation for Towers Watson Investment Services, referring to the evolution of the funds’ asset allocation over the years. Ruloff notes that the equity allocation at retirement age can range from 20% to more than 60%.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.