Investing for the long haul: a 4-point plan

2014-03-18T17:07:50-07:00March 18th, 2014|Categories: Defined Benefit Plans|Tags: , , , |

As a growing number of private firms drop defined-benefit retirement plans and shift the pension burden to employees, the federal government as an employer looks better and better. Congress designed the federal Thrift Savings Plan and most members of Congress, and many congressional staffers, participate in it. That’s a very practical explanation for why it is such a good program. Congress told the folks who run the TSP program to keep it simple and cheap. As in the lowest- [...]