A REIT investment option could be added to the $152 billion Federal Thrift Savings Plan, Washington, under legislation expected to be introduced in the House when Congress returns from its Easter recess Tuesday. Reps. Jon Porter, R-Nev., Chris Van Hollen, D-Md., and Tom Davis, R-Va., plan to introduce the bill to provide greater diversification for federal workers in their retirement plan. Tom Trabucco, a spokesman for the Federal Retirement Thrift Investment Board, which oversees the plan, did not return a call by press time seeking comment.
A REIT investment option could be added to the $152 billion Federal...
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