Exact(1)
Then, on the payment dates, funds are automatically transferred to the Treasury using EFTPS.gov, the federal government's electronic payment system.
Similar(59)
Target-date funds are relatively new.
Are you invested in target-date funds?
That's what target-date funds are intended to do.
ING reports that only 6 of the 21 largest target-date funds now use nonproprietary funds.
A much smaller family of target-date funds, the TDAX Independence funds, offers a different approach.
Of course, it is essential that these target-date funds have reasonable fees.
Part of the reduction, Fidelity noted, may be due to the popularity of target date funds.
At Fidelity, the majority of target date funds have done worse over those periods.
Assets in target-date funds grew to $374 billion at the end of 2011 from $71 billion four years ago.
"We thought our retirement-date funds were doing the job," she said recently.
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