These portfolios automatically change their wealth allocation to generally become less risky when your child approaches university. The idea here is that you should be more careful when approaching years when your child would need their savings the most. The plan is also characterized by its robust investment menu. For example, it is one of the few plans that allow you to invest in multi-company portfolios of goals. These options maintain a set asset allocation. However, they use active and passive investment strategies used by well-established companies such as BlackRock, T. Rowe Price and DFA. Index target portfolios follow a passive strategy and consist of inexpensive Vanguard funds. In addition, you can contribute to age-based portfolios that follow certain risk trajectories….