401(k) Investors Seeking Balance
Employee Benefit News (10/01) Vol. 15, No. 10 p.1; Gunsauley, Craig

A weak economic outlook and the uncertainty surrounding the stock market have 401(k) plan participants seeking other means of savings, such as bond and stable value funds, writes Craig Gunsauley of Employee Benefit News magazine. Twenty-eight percent of participants have shifted a portion of their retirement assets into less volatile investments such as bond and stable value funds, according to a recent survey of 1,200 participants by the Principal Financial Group. Principal reports that this asset flow to stable value is twice the rate seen in the first quarter of this year. Plan participants do remain bullish, however, with some 70 percent of contributions moving into equity investments, Hewitt Associates reports.


Back   |  IRA.com Home   |  News Archive