Tag: asset allocation
Study suggests differences may be disappearing. A 2020 Bank of America study examined 401(k) participation rates, contribution rates, investment allocations, balances, and leakages for the 4.6 million participants in the company’s record-keeping systems. In addition to breaking the data out by gender, the report also includes results by generation. The authors conclude that participation rates…
Morningstar shows those with self-directed investments were more likely to change than those in TDFs or managed accounts. The rumor has been that 401(k) participants took little action when the stock market declined by more than 30 percent in February and March 2020. A Morningstar study provides some numbers to back up the lore. T…
