Debunked ASPPA Study Used To Push Industry Agenda in Michigan
403b.substack.com
Back in 2011 I thoroughly debunked an ASPAA (now the American Retirement Association or ARA) research paper which claimed that reducing vendors in 403(b) plans leads to a drop in contributing participants. The research paper did not prove the assertion, yet the paper is still being used by members of ARA and their sub-organization the National Tax-Deferred Savings Association (NTSA) to "prove" that adding more vendors will increase participation in a Michigan 457(b) program.
Debunked ASPPA Study Used To Push Industry Agenda in Michigan
Debunked ASPPA Study Used To Push Industry…
Debunked ASPPA Study Used To Push Industry Agenda in Michigan
Back in 2011 I thoroughly debunked an ASPAA (now the American Retirement Association or ARA) research paper which claimed that reducing vendors in 403(b) plans leads to a drop in contributing participants. The research paper did not prove the assertion, yet the paper is still being used by members of ARA and their sub-organization the National Tax-Deferred Savings Association (NTSA) to "prove" that adding more vendors will increase participation in a Michigan 457(b) program.