Tag: 401k assets
As people increasingly rely on their 401(k) assets for retirement, their exposure to market risk is a key issue. A new survey shows that older retirement investors tend to be overly pessimistic about stocks, which likely affects their preferred asset allocation. But comparable data suggest…
Holding company stock in 401(k) plans – always a bad idea – has declined sharply. When a colleague and I wrote a book on 401(k) plans in 2004, we devoted a whole chapter to the perils of investing 401(k) assets in company stock. And many meetings around that time involved impassioned pleas for Congress to…
