Privatised US retirement accounts could resemble federal DC plan

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US - If plans to privatise part of Social Security are successful, the Thrift Savings Plan (TSP) is a likely model for the type of savings accounts that could result, according to the chairman of Standard and Poor's index committee.

“The Social Security Administration did a study of the Thrift Savings Plan,” said David Blitzer (pictured), who is also an S&P managing director. The TSP is a defined contribution plan for civil...

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