Despite efforts to educate participants on the benefits of target date funds (TDFs), many lack even the most basic knowledge of what target date funds are and how they work. Our SmartRetirement participant communications program is designed to help address this lack of understanding, with multiple investor types in mind.
ABOUT 16% of participants could correctly identify that target date funds are well-diversified*
ONLY 15% thought target date funds are designed to meet all your retirement investment needs in one place.*
*J.P. Morgan retirement research, 2020.
