Target Date Fund 💰💰💰 cover art

Target Date Fund 💰💰💰

Target Date Fund 💰💰💰

Listen for free

View show details

About this listen

This is an audio description of a financial podcast episode. The hosts discuss the history and function of target date funds (TDFs). They explain that TDFs were created in the mid-1990s as a solution to the complexity of 401(k) plans, which replaced traditional pensions. The hosts highlight the key role of the Pension Protection Act of 2006 (PPA) which designated TDFs as a qualified default investment alternative (QDIA), leading to their widespread adoption. They define the glide path as the core feature of a TDF, which automatically shifts a portfolio from aggressive (more stocks) to conservative (more bonds) as an investor gets closer to retirement. The episode concludes by prompting the listener to consider the trade-off between the convenience of TDFs and the desire for hands-on investment control.

Watch the MainFraiM MSF*Marvel Strike Force - live gameplay no-talk streaming on

Twitch.tv/MainFraiMill

Or

Shop the MainFraiM random items for sale on

eBay.com/str/themainfraimstoreowner



Support this podcast at — https://redcircle.com/mainfraim/donations
No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.