Much as target-date funds are gaining traction in 401(k) plans, parents investing in 529 college savings plans are overwhelmingly preferring age-based funds that become more conservative as a child’s first year of college approaches, Investment News reports, citing speakers at the recent 529 Technical Conference.

About 75% of 529 plans now offer age-based options, said Marc Friedberg, a managing director with Wilshire Associates.

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