Target-Date Retirement Funds Are Not

question 15

Multiple Choice

Target-date retirement funds are not

• A)inappropriate for most investors
• B)very high in fees
• C)designed to function much like hedge funds
• D)A and B
• E)all of the above

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Definitions:

Secondary

Generally refers to the second in order, importance, or stage, often used in different contexts such as education or stages of a process.

Fixed-interval Schedule

A reinforcement schedule in which a reward is offered after a set period of time has passed, assuming a correct response is made.

Reinforcement

In behavioral psychology, a process by which a behavior is strengthened or increased through positive outcomes or consequences following the behavior.

Fixed Amount

A predetermined quantity, often referring to a specific sum of money or a static measurement in experiments and statistics.