Allocations to target-date funds increased by roughly 2.5% per year over 11 years, to approximately 50% of total defined contribution plan assets in 2023 from about 24% in 2013, according to new ...
K. Hovnanian M.E. Investments, LLC (KHME), a subsidiary of Hovnanian Enterprises, Inc. (NYSE: HOV) and the majority shareholder of Al Tahaluf Real Estate Company, CJSC, has signed a Memorandum of ...
A near $15 billion 401(k) plan has been sued for retaining “underperforming” investment options, including a target-date fund — allegedly costing participants more than $318 million.
A new Morningstar study suggests managed accounts can significantly boost retirement wealth, particularly for younger workers ...