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Up Close - Up Close - December 06, 2012 |
By Treva Lind
Of the Journal of Business
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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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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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