TRPC has provided two new educational pieces for you. It may be helpful in understanding some of the concepts within the retirement plan. The goal is to continue to find relevant topics that can be presented in a short, but meaningful manner.
- Attached is a one-page piece titled – What is a Target Date Fund?
a. Target date funds enjoy broad usage in our plans, but the strategy behind the investment isn’t always understood. The hope to provide a little more clarity as participants learn about their investing options. - The latest video explains the concept of Dollar Cost Averaging.
a. This is something we all do each pay period as we contribute to our 401k accounts. After a quick introduction to the concept, an example is provided to help illustrate what this investment approach can do for us over time. Total video time is 5 min 12 seconds. https://vimeo.com/625418839
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