In this paper we document the importance of framing effects in the retirement savings decisions of college professors … contribution. Employees can also make tax-deferred contributions to a supplemental savings account. A standard lifecycle savings … model predicts a quot;dollar-for-dollarquot; tradeoff between supplemental savings and the combined regular pension …

limits bind those older middle-income households who started their pension savings programs late in life, those who plan to …

This paper summarizes the empirical evidence on how defaults impact retirement savings outcomes. After outlining the … defaults impact retirement savings outcomes at all stages of the savings lifecycle, including savings plan participation …, savings rates, asset allocation, and post-retirement savings distributions. The paper then discusses why defaults have such a …

We assess the impact on savings behavior of several different 401(k) plan features, including automatic enrollment … education. We also present new survey evidence on individual savings adequacy. Many of our conclusions are based on an analysis … of micro-level administrative data on the 401(k) savings behavior of employees in several large corporations that …