Listeners will learn how the L Funds work, why nearly 25% of participant allocations are now going into them, and how they automatically shift investments toward safer assets as retirement nears. Jim Kaplan, Director of External Affairs at the Federal Retirement Thrift Investment Board, joins the show to break down what that milestone means and why it matters for your retirement planning. Jim also explains how the L Funds’ default status for new enrollees simplifies decision-making while still offering flexibility for participants to customize their strategy.

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