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Up Close - Up Close - December 06, 2012
Guarding your 401(k) nest egg takes some active steps
Target date funds gain popularity with account holders who have little investing savvy

By Treva Lind
Of the Journal of Business

Safeguarding a 401(k) account goes beyond making a few fund choices and then glancing occasionally at statements, financial advisers here say. Plan participants can take steps to ensure that balances don't erode.

The tips include rebalancing accounts at least annually to ensure choices still reflect risk tolerance and nearness to retirement, keeping a diversified portfolio of stocks and bonds in small to large companies, reading 401(k) documents, and reviewing plans with a financia...


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