In addition, a person invested in a stable value fund versus someone invested in a target-date fund could end up with a balance as much as 59% lower, BlackRock says.
Tag: qualified default investment alternative
Monthly expenses are their second concern, The Standard found in a survey.
However, only 33% are confident about their retirement readiness.
One measure is to encourage MEPs by eliminating the “nexus” requirement.
How Hearst Corp. followed a prudent process to choose its qualified default investment alternative.
Offered by Alight Solutions, WealthSpark combines highly customized investment portfolios designed by AllianceBernstein (AB) with Personal Capital’s digital wealth management tools.
A paper from Morningstar Investment Management lays out a framework for advisers and plan sponsors to determine the qualified default investment alternative (QDIA) that is the best fit for a plan's demographics.