Showing 1 ideas for tag "mutual funds brokerage"
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Legislative Branch

Allow transfer of TSP funds into private mutual funds

*The Thrift Savings Plan budget is to manage employee accounts is $142 million.

*Currently all of our voluntary retirement contributions are required to be handled through the Thrift Savings Program unless we quit or retire.

* The TSP has limited investment options which have shown poor returns over the past 10 years.

* Private investment companies offer many more options and chances of better returns.

*This proposal... more »