The Stock Market’s Drop Is Hitting Many 401(k)s Harder This Time

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The Stock Market’s Drop Is Hitting Many 401(k)s Harder This Time
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Look at your 401(k). No, seriously look at it. It might have more in stocks than you expect.

Target-date funds, a popular retirement-savings option, are more heavily invested in stocks than investors might think

Selloffs continued to batter major U.S. stock indexes, with the S&P 500 entering bear-market territory Friday for the first time in more than two years. WSJ’s Caitlin McCabe looks at some of the key causes behind the market volatility. Photo: John Minchillo/Associated PressMillions of workers and retirees are more exposed to the stock-market slide than they might expect.

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