WASHINGTON - The general consensus among financial experts is that target-date funds are better suited for the majority of 401(k) investors than money market funds. Only problem is, the passive participant seems to have little interest in making changes to their plan, especially if they were automatically enrolled into it.

"Too much choice causes people to freeze up," said Ann Combs, a principal at The Vanguard Group, speaking at the Investment Company Institute's 50th Annual General Membership Meeting during a breakout session titled "Seismic Shifts in DC Plan Investing."

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