Qualified Default Investment Alternatives (QDIAs) in defined contribution plans have experienced an evolution in approaches from self-selection, balanced funds, risk based models, target date funds and now managed accounts. Our flyer,"The Evolution of Qualified Default Investment Alternatives (QDIAs)," explores the evolution of QDIAs and includes a comparison of QDIA options.

Technological advancements have increased the amount and quality of participant data available. Managed accounts provide participants with a personalized savings and investment strategy based on their own unique set of information, along with ongoing professional management. Our flyer, “What Is a Retirement Managed Account?”, will help your plans sponsors understand managed accounts and the data they utilize to generate personalized asset allocation.

As a Retirement Advisor, you may consider helping plan sponsors enhance their QDIA options with managed accounts. You can offer valuable support to your sponsor clients on QDIAs by:

  • Providing guidance with the prudent selection and monitoring of the QDIA;
  • Reviewing and selecting the managed account provider;
  • Ensuring QDIA aligns with the Investment Policy Statement (IPS)