The Frugal Fiduciary Blog

The Federal TSP Is a Baseline for 401k Plans – And Any Small Business Can Match It

Posted by Eric Droblyen on Sep 23, 2015

Last week, the Investment Company Institute (ICI), a financial industry association representing mutual fund managers, published a “research” paper about the TSP, titled The Federal Thrift Savings Plan: Can It Be Duplicated? In it, the ICI says the TSP “is often portrayed as a standard for all participant-directed retirement plans…the TSP is a unique arrangement that cannot be compared with or duplicated by 401(k) plans.” This is empty rhetoric from a group representing companies that would lose revenue if more 401k plans adopted a TSP-like investing approach. Small businesses can absolutely have a 401k plan similar to the TSP. And I’m happy to explain how.

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Topics: TSP, 401(k)

Former DOL Deputy Director declares scandal in IRA rollovers. It’s a scandal, just not the one he thinks it is.

Posted by Greg Carpenter on Aug 20, 2014

IRA Rollovers
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Topics: TSP, small business retirement plans, retirement plans, 401k blog, DOL

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