401(k) Defaults, Advice Boost Returns Nearly 2% (Financial Planning.com)

401(k) investors aided by professional investment advice–be it in the form of a target-date default investment, managed accounts or bona fide online advice–experience returns averaging nearly 2% better (186 basis points) than those who do not receive such help, according to a joint study by Hewitt Associates and Financial Engines.

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401(k) Defaults, Advice Boost Returns Nearly 2% (Financial Planning.com)

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