A recent NBER working paper by Olivia S. Mitchell (PSC/PARC Research Associate) was recently featured in Marketwatch. The study shows that using target-date funds as 401(k) plan defaults makes participants far more likely to invest in them.
A recent NBER working paper by Olivia S. Mitchell (PSC/PARC Research Associate) was recently featured in Marketwatch. The study shows that using target-date funds as 401(k) plan defaults makes participants far more likely to invest in them.