Get it? A stable.
Many 401k and 403b plans have a stable value fund (AKA interest income fund) as one of the investment options. These funds don't have a ticker symbol, have sometimes rather vague and opaque disclosure documents available on them, and it is hard to get any research or informed opinion on them. Stable value funds are only offered in "qualified" retirement plans such as 401ks and 403bs. All most plan participants know about them is that they are "stable" and sometimes what the current interest rate offered by the fund has been recently. In this post I will discuss how these funds are constructed and the best way to use them in your 401k or 403b.
