Investing in a Target-Date Fund? You Ought to Be Able to Answer These 4 Questions

Many 401(k)s offer target-date funds as a simple retirement savings solution. But despite their popularity, a lot of people don't understand how they work. Just one in five workers say they understand target-date funds very well, according to a recent Employee Benefit Research Institute (EBRI) Retirement Confidence Survey.

That leaves a lot of room for improvement. If you'd like to test your knowledge of target-date funds, you can start by answering the following four questions.

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Source Fool.com