LABOR DEPARTMENT: Changes to target date funds considered
The government is considering proposed rules affecting target date retirement funds. Floated by the Labor Department, the rules…
The government is considering proposed rules affecting target date retirement funds. Floated by the Labor Department, the rules would require new disclosures about such funds, including explanations of the investment’s asset allocation, how such allocations would change over time and the significance of the investment’s target date. Comments were due last month. For more details, read Target Date Disclosure.
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