The Administrative Costs of the Bush and Gore Proposals for Individual Accounts


 

Publication Date: July 2000

Publisher: Center for Economic and Policy Research

Author(s): Dean Baker

Research Area: Banking and finance

Keywords: Administrative costs; Retirement savings; Stock prices

Type: Report

Coverage: United States

Abstract:

This report finds that both individual savings accounts plans proposed by presidential candidates Bush and Gore would lead to substantial administrative costs, which would be a large source of income to the financial industry.