Off The Mark: Target Date Funds, 401(k) Plans, and Truth in Advertising

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When it comes to consumer products and food products, we have stringent labeling requirements. Unfortunately, there were no stringent labeling and advertising requirements for target date funds, so the nest eggs of countless participants in participant directed 401(k) plans were decimated in the last bear market.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ary Rosenbaum, The Rosenbaum Law Firm P.C. | Attorney Advertising

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