August 07, 2007 at 4:30 pm by Tom Lydon
As exchange traded fund (ETF) providers search for ways to successfully integrate ETFs into retirement plans, the government could take a few notes. Although the government sponsors a decent 401(k) plan called the Thrift Savings Plan (TSP), TSP still has its faults, according to Matt Hougan for Index Universe.
TSP offers five index mutual funds and seeks to provide funds with low expenses. ETFs are touted for their lower fees and TSP could benefit from adding ETFs to the offering, as ETFs generally are cheaper than mutual funds.
Tags: 401(k), Retirement
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