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Does anyone 401k even let them choose what they want to invest in?

I have like 4 plans I can choose: Retire 2035, Retire 2045, Retire 2055, Retire 2065 and that’s it.

No options in the portal to do anything else.

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sugar_in_your_tea@sh.itjust.works ⁨3⁩ ⁨days⁩ ago
Yup, I have ~15 options. Basically:

low cost S&P 500, US mid-cap fund, US small-cap fund, and total international funds (all under 0.10% ER)

1-2 actively managed options for each of the first bullet point with much higher fees

3 bond funds

a cash fund

a retirement fund (tons of bonds and cash)

I’m in a mix of the first bullet point.
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BanMe@lemmy.world ⁨4⁩ ⁨days⁩ ago
I have a 403(b) because I work at a university but yes we get to pick between a ton of stock funds but also a handful of blended assets, an invested bond, and a non-invested bond if you really think shit’s gonna go south. My last job did not offer this kind of thing tho.

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