How to manage your 401(k) as the coronavirus upends the markets

March 2, 2020

By Lorie Konish for CNBC on February 28, 2020

When it comes to your 401(k), there’s one piece of advice that most financial experts agree on in market routs like this: Stay the course.

That means fighting the natural temptation to log into your investment account and react to the market’s big swings.

However, many investors are not taking that advice, according to the latest data from the Alight Solutions 401(k) Index, which tracks daily activity at 401(k) plans provided by large employers.

Trading activity was the highest in the index’s history on Friday, Feb. 28, at 15.8 times average.

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