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For other uses, see Public policy (disambiguation). Such regulations shall provide for such designations made by the Board on behalf of a participating individual in any case in which a timely designation is not made by the participating individual. (c) Investment- Any balance held in a participating individual's social security personal retirement account under this part which is not necessary for immediate withdrawal shall be invested on behalf of such participating individual by the certified account manager as follows: (1) INVESTMENT IN MARKETABLE GOVERNMENT SECURITIES- In a representative mix of fixed marketable interest-bearing obligations of the United States then forming a part of the public debt which are not due or callable earlier than 4 years after the date of investment. (2) ADDITIONAL AND ALTERNATIVE INVESTMENTS- Beginning with 2008, in such additional and alternative investment options in broad-based index funds that are similar to the index fund investment options available within the Thrift Savings Fund established under section 8437 of title 5, United States Code, as the Board determines would be prudent sources of retirement income that could yield greater amounts of income than the investment described in paragraph (1) and a participating individual may elect. [273] "Biographical Directory of the United States Congress 1774-Present."
Pages: 44
Publisher: BiblioGov (December 28, 2010)
ISBN: 1240377339
Social Security and the Emigration of Immigrants: Ores Working Paper Series Number 60
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