Quote:
Originally posted by Mmmm, Burger (C.J.)
When you're looking, keep an eye out for the article explaining that the management fees for the government-run TSP are lower even than Vanguard's
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Is the gov't going to run the funds for the SS private accounts? I'd actually be pretty hip with that. No marketing fees built in; costs would be pretty low.
The admin fees may still be quite high, though smaller than inv mgmt. It's better for the smaller accounts if they are done as a % of assets rather than a flat fee per account -- flat fees per account for admin fees, while "fairer" in the sense that each person is paying for what they are getting -- really, really cripple small accounts.