Kohl Applauds DOL for Upcoming Action on Target Date Funds
April 26, 2010
April 26, 2010
WASHINGTON, April 26 -- The Senate Special Committee on Aging issued the following news release:
Today U.S. Senator Herb Kohl (D-WI), chairman of the Senate Special Committee on Aging, applauded the U.S. Department of Labor (DOL) for announcing its intent to make additional information available to employers charged with evaluating and selecting target date retirement funds on behalf of their employees. Target date funds, sometimes called lifecycle funds, are a type of mutual fund . . .
Today U.S. Senator Herb Kohl (D-WI), chairman of the Senate Special Committee on Aging, applauded the U.S. Department of Labor (DOL) for announcing its intent to make additional information available to employers charged with evaluating and selecting target date retirement funds on behalf of their employees. Target date funds, sometimes called lifecycle funds, are a type of mutual fund . . .