Kent Bartell

As target date funds have become more prevalent, however, many advisors are beginning to wonder if there might be an opportunity for improvement. Target date funds were first introduced in the early 1990s and have been growing in popularity ever since. By year-end 2018, according to the Employee Benefit Research Institute (EBRI), target date fund assets represented approximately 27% of total 401(k) assets in their database. The appeal is understandable.

Here are three benefits of stable value funds that could help increase plan participants’ retirement readiness. (Photo: Getty) As we enter into the new year, different trends will come and go, but the need for a balanced retirement plan will never fade. One retirement product that has stood the test of time, for good reason, is a stable value fund.