What Investment Options Are Available Within Retirement Plans?
Retirement plans typically offer a range of investment options, including:
- Mutual Funds: These allow nurses to invest in a diversified portfolio of stocks and bonds. - Index Funds: These are low-cost funds that track a specific market index. - Target-Date Funds: These funds automatically adjust the asset allocation based on the expected retirement date. - Company Stock: Some employer-sponsored plans offer the option to invest in company stock, though diversification is generally recommended.
