A recent article in the Wall Street Journal featured steps for getting your 401(k) ready for retirement
- Review your investment mix
- Be aware of rate sensitivity on fixed-income funds
- Seek variety
- Take advantage of IRAs to complement already existing funds
- Be aware if your 401(k)s offers Self-Directed Brokerage Accounts
- Consider consulting a professional
Are plan participants taking advantage of all the plan’s features as they near retirement?