When Bush the younger tried to privatize SS in the early 2000's as a favor to his cronies, he made sure the defaults were e.g. John Hancock at 2.4% fees. With

When Bush the younger tried to privatize SS in the early 2000's as a favor to his cronies, he made sure the defaults were e.g. John Hancock at 2.4% fees. With effort you could have run it through Vanguard but most people are confused by investing and would have ended up being robbed in broad daylight by borderline criminal "asset managers."