EBSA posts guidance on target date funds for plan fiduciaries

The Employee Benefits Security Administration (EBSA) has posted to its website general guidance to assist plan fiduciaries in selecting and monitoring target date funds and other investment options in 401(k) and similar participant-directed individual account plans. “Target Date Retirement Funds – Tips for ERISA for Plan Fiduciaries” is posted at EBSA’s main page under “New and Noteworthy.”

Source: EBSA website.

For more information on this and related topics, consult the CCH Pension Plan Guide, CCH Employee Benefits Management, and Spencer’s Benefits Reports.

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