Denver Chapter - Target Date Retirement Funds

Target date funds continue to gain in popularity as a QDIA for plan sponsors and an easy solution for participants. In February 2013, the Department of Labor issued a Target Date Retirement Funds Fact Sheet focusing on tips for ERISA plan fiduciaries. It is no longer prudent from a fiduciary standpoint to just go with the “house brand” offered by the service provider. Learn how to develop a best practices approach for carrying out fiduciary responsibilities related to evaluation and selection of the most appropriate target date solution for your plan, as well as monitoring its ongoing performance.

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