Nearly 10 months since President Bush first revealed his desire to include private accounts in Social Security reform - an effort that included a three-month, nationwide barnstorming campaign to drum up support - the administration is no closer to getting a proposal heard by Congress.

Two key advocates of the president's plan, however, said late last week that there's still a chance for Congress to address the topic of private accounts, but only if the bill doesn't contain any language or provisions that might threaten the current benefit structure.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.