Word to the wise plan sponsor when it comes to target-date funds: No, not any fund will do, and bigger companies aren't always better.

That's why it's important to sufficiently screen funds according to predetermined, objective standards before selecting qualified default investment alternative (QDIA) for participants.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access