Administrative costs and the organization of individual retirement systems

Administrative costs and the organization of individual retirement systems

by Estelle James

Part of Policy research working paper ;

2001

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Organizing individual retirement accounts through the institutional market and with constrained choice could substantially lower administrative costs. The tradeoff: rebidding problems, weaker performance incentives, inflexibility in the face of unforseen contingencies, and an increased probability of corruption, collusion, and regulatory capture.

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