I went to an employer the other day to evaluate their retirement plan and to my astonishment I saw 67 investment choices for the participants to evaluate. How is the normal participant to do that? In the article published May 17, 2016 by Robert C. Lawton, AIF, CRPS he identifies 10 best practices for retirement plan menus:
- How many funds per asset class is best practice
- Should I have professionally managed portfolios available?
- Passive vs. Active Managed portfolios
- How many fund in total is best practice?
These are a few of the topics review in the article titled “10 best practices for 401(k) investment menu selection” Read article at: https://www.benefitnews.com/opinion/10-best-practices-for-401-k-investment-menu-selection
(As individual situations vary, the information presented here should only be relied upon when coordinated with individual professional advice. Neither FSC Securities Corporation, nor its registered representatives, provide tax or legal advice. )