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Source: IRS Revenue Procedure 2020-32
401(k) investors were active in Q1, logging 14 above-normal1 days, according to the Alight Solutions 401(k) Index™. The distribution of those days reveals a slowing trend, however, with eight taking place in January, followed by four in February and just two in March.
Trading activity was subdued in March with just two above-normal1 days, according to the Alight Solutions 401(k) Index™. Investors favored equity funds on 11 of 20 days.
Trading activity cooled slightly in February with just four above-normal1 days, compared to eight above-normal days in January, according to the Alight Solutions 401(k) Index™.
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