Investors May Not be Using 401(k) Preset Asset Allocation the Right Way, Study Shows

NEW YORK - Even though more 401(k) plans are offering mutual funds with preset asset allocation features, some aren't using them the way they were intended. Ideally, the funds are established to be stand-alone but investors are using them, commonly referred to as asset-allocation of lifestyle funds, as another investment...

By Staff Writer | July 19, 2005 at 08:00 PM