Why More 401(k) Retirement Fund Choices May Not Be The Best Idea: What You Really Need To Know

When it comes to 401(k) fund options, more can be less in terms of your ability to make good investment choices.

Certainly, employers have been generous in the number of options they offer in 401(k)s. According to a recent survey, “in 2020, the average large 401(k) plan offered 28 investment options, of which about 13 were equity (stock) funds, three were bond funds, and nine were target-date funds.”