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Expert Analysis

Regulators Initiate Thrift Savings Plan Rollover Battle

Law360, New York (December 11, 2014, 10:30 AM EST) -- A battle is taking shape between government regulators and financial firms across the country. Financial service firms want to manage retirement funds of federal workers who leave government service, but the federal government wants former employees to leave funds in the government's Thrift Savings Plan. The stakes are not small; former federal employees transferred hundreds of billions of dollars to individual retirement accounts (IRAs) in 2013....

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