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

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.

Learn more about your ad choices. Visit megaphone.fm/adchoices