You simply pick a fund whose target year matches when you want to retire or when you expect your student to begin college and contribute money to it. Then the fund manager updates the fund's asset allocation over time so that they're more aggressive during accumulation years and more ...
MSCI® EAFE® Index (Net MA Tax) MSCI® Emerging Markets (EM) Index MSCI World Multi-contingent Multi-leg Option Multiple Margin Balances Municipal Bond Municipal Bond New Issues Municipal General Obligation Bond Municipal Reset Municipal Revenue Bond Municipal Securities Mutual Fund Mutual Fund ...
Fidelity 500 Index Fund (FXAIX) "While it truly depends on each individual investor's specific goals and objectives, I typically advocate for the index funds in the accumulation phase, as these give great broad-market exposure with lower fees than actively managed funds," says Wes Moss, managi...
But unlike an index fund, you don't actually own any of the index's underlying securities. Your performance is tied to an index, which means you are unlikely to fully participate in an index's performance. For example, returns from FIAs and RILAs generally exclude dividends, which tend to...