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Archive Home > 2009 > June > 25 > Target-date funds may miss their marks

Target-date funds may miss their marks

Retirement: Pitched as safe 401(k) option, SEC now examining the risks

By Leslie Wayne / The Bulletin
June 25, 2009

Washington blessed them as a way to put your 401(k) on automatic pilot and glide safely toward retirement.

But popular target-date mutual funds have badly missed the mark — and now regulators are asking why.

The Securities and Exchange Commission and the Labor Department are examining....

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