Safe Harbor 401k Investment Option I am New

[rmsofla]

Hello everyone,

I honestly do not anything about investing on 401k, my company does SafeHarbor and has the option to either have the account managed by Empower Advisory Group, Or I can choose where to invest. Could you give me some insight on which ones i should choose or just have it managed.

MassMutual RetireSMART by JPM 2030 R4... N/A

MassMutual RetireSMART by JPM 2045 R4... N/A

MassMutual RetireSMART by JPM 2020 R4... N/A

MassMutual RetireSMART by JPM 2035 R4... N/A

MassMutual RetireSMART by JPM In Ret R4.. N/A

MassMutual RetireSMART by JPM 2050 R4... N/A

MassMutual RetireSMART by JPM 2055 R4... N/A

MassMutual RetireSMART by JPM 2025 R4... N/A

MassMutual RetireSMART by JPM 2040 R4... N/A

MassMutual RetireSMART by JPM 2060 R4... N/A

Invesco International Growth A

Invesco Global Opportunities A

Columbia Global Value A.

DWS REEF Real Estate Securities A

Hartford Healthcare R4.

Invesco Real Estate A

Delaware Ivy Science and Technology Y

NAME

MFS Utilities R3...

Federated Hermes Clover Small Value A

Invesco Small Cap Growth A

Hartford MidCap R4

Victory Sycamore Established Value A

Franklin Growth A...

Invesco Comstock A.

MFS Blended Research Core Equity R3

MM S&P 500 Index R4.

Invesco Equity and Income A

Hartford Balanced Income R4.

AB Global Bond A..

BlackRock Total Return Inv A.

MassMutual High Yield R4

PIMCO Income A

 

[lalaland777]

@rmsofla Safe harbor means that they are making a contribution to you to offset what the owners of the business are making for themselves. It’s somewhat “ethical” profit sharing/match as dictated by 401k laws.

The easy buttons are either the fund for your retirement year or the S&P 500 fund. Just let it grow there until you have a big chunk. Then worry about getting cute.

 

[rmsofla]

@lalaland777 I appreciate your reply, my question is do I let them manage my account or do I choose a few mutual fund from the list given above?

 

[lalaland777]

@rmsofla I’d stick with one of the funds i mentioned.