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Old 02-04-2005, 06:10 PM   #2443
ltl/fb
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Location: Flyover land
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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
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.
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