Anne Tergesen

speaker

4,485 appearances 83 recordings 1 series first heard Jul 2017 last heard Feb 2025

Anne Tergesen’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · Is It OK to Tap Your 401(k) for Quick Cash? · 13 Mar 2024 podcast

So I think there's also been an effort to ensure that people who really do need access to their money can get it in a pinch. matched

If you're paying... matched

a 10% penalty, that's not ideal either. matched

So they're trying to sort of give people carrots and sticks. matched

But the idea and the goal is to help people save for retirement. matched

WSJ Your Money Briefing · This 401(k) Will Provide Specific Investment Advice to Fit Your Life · 5 Feb 2024 podcast

They're offering to give you more customized advice that's specifically tailored to you as a person. matched

So instead of putting you into an age-based portfolio where the division between stocks and bonds is just based on one factor, which is your age, the managed account is offering to manage your 401k investment. matched

Often there's something called a target date fund, which is kind of an all-in-one fund. matched

It shifts from stocks to bonds as people get older. matched

And when people are automatically enrolled, that's usually where they end up. matched

So a very large proportion of people in the 401k end up in these target date funds. matched

And, you know, it's basically the differentiation between, say, what I would have in a target date fund and what you would have is it comes down to age. matched

And so the older you matched

You are the more you have in bonds, the less you have in stocks. matched

But they're a bit of a one-size-fits-all solution in that you and everybody in your age group is going to wind up in the same portfolio. matched

Not every 401k offers a managed account, but a significant proportion of them offer them. matched

Depends on whose data you look at, but it can be sort of from 40% to 60% of companies are now offering these. matched

They're offering to give you more customized advice that's specifically tailored to you as a person. matched

So instead of putting you into an age range, matched

based portfolio where the division between stocks and bonds is just based on one factor, which is your age, and they're going to try to customize it for more factors. matched

Showing 721–740 of 4,485 · page 37 of 225