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Social Security Individual Accounts and Employer-Sponsored Pensions

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REACTIVATED IN CT Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-05 01:57 PM
Original message
Social Security Individual Accounts and Employer-Sponsored Pensions


Text of CRS Report: Social Security Individual Accounts and Employer-Sponsored Pensions (PDF)
20 pages. Excerpt: "Pension analysts generally agree that designing individual accounts would require trade-offs between individual choice and efficient management. A relatively 'high-cost' approach would create a system of IAs in which contributions to the accounts are deposited quickly, participants have substantial control over their accounts and have many investment choices, but in which employers must take on substantial new administrative duties." (Congressional Research Service of the Library of Congress)
http://benefitslink.com/articles/2005-02-03-crs.pdf
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-05 02:02 PM
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1. if this requires more BS filings from employers, it's DOA. good!
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-05 02:30 PM
Response to Reply #1
2. MORE FEES! A pension administrator welfare Act! :-)
that will get folks saving more!

:-)
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