Austin Deferred Comp plan picks The Retirement Store as investment consultant

Austin (Texas) Deferred Compensation Plan hired The Retirement Store as investment consultant for its $308 million plan, confirmed Jeff Dilbert, purchasing manager for the city.

It is the plan's first investment consultant. An RFQ was issued in February.

The 457 plan has 23 investment options. ING Institutional Plan Services is the record keeper.

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