The adequacy of investment choices offered by 401(k) plans

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The Adequacy of Investment Choices Offered By 401K Plans

Defined-contribution plans represent a major organizational form for investors’ retirement savings. Today more than one third of all workers are enrolled in 401K plans. In a 401K plan, participants select assets from a set of choices designated by an employer. For over half of 401K-plan participants, retirement savings represent their sole financial asset. Yet to date there has been no study of...

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ژورنال

عنوان ژورنال: Journal of Public Economics

سال: 2006

ISSN: 0047-2727

DOI: 10.1016/j.jpubeco.2005.08.001