Książka Thrift Savings Plan Beth J Asch

Thrift Savings Plan

Will Reservists Participate?

Język: Angielski
Oprawa: Miękka
Wydawca: RAND
Dostępność: 50 % szansa
Przeszukamy cały świat
32.47
The FY2000 National Defense Authorization Act provided authority to members of the armed services to...

Informacje o książce

Język
Angielski
Oprawa
Książka - Miękka
Data wydania
1999
strony
40
EAN
9780833028716
ISBN
0833028715
Enbook ID
04733692
Wydawca
Waga
136
Wymiary
216 x 259 x 3

Pełny opis

The FY2000 National Defense Authorization Act provided authority to members of the armed services to participate in the federal thrift savings plan (TSP), whose structure is similar to the Civil Service Retirement System. A cost analysis by the Federal Thrift Retirement Investment Board found that extending the TSP to reservists is a poor idea because of the excessive cost of administering many small accounts. However, the authors conclude that although reserve TSP accounts are likely to be numerous and small on average, (a) a relatively small number of reservists are likely to participate and (b) reserve accounts will be larger if prior-service personnel can transfer their active-duty balances. They recommend that reserve participants be allowed to contribute more to their accounts; that the possibility of multiple accounts for one person be reduced; and that funding be made available to the TSP Board to adapt its computer system to handle reserve TSP accounts.

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