Picking 401(k) Funds Can Be as Easy as ABC, and That's Bad

Dec 11, 2019, 08:00 AM

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Research has revealed that many 401(k) retirement plan participants select funds based on the first letter of the fund's name, or if the fund appears at the top of a list, rather than researching financial data. Wall Street Journal contributor Daisy Maxey explains.
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Research has revealed that many 401(k) retirement plan participants select funds based on the first letter of the fund's name, or if the fund appears at the top of a list, rather than researching financial data. Wall Street Journal contributor Daisy Maxey explains.

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