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This paper uses administrative data on all active employees of the Federal Reserve System to examine participation in and contributions to the Thrift Saving Plan, the system's defined contribution (DC) plan. We have appended to the administrative records a unique employee survey of...
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whether investors who are more financially knowledgeable earn more on their retirement plan investments, compared to their …
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, older ages at retirement, and more years of service are associated with a greater probability of choosing a J&S annuity. We …
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In recent decades, many states have reduced future retirement benefits for newly hired teachers. We estimate that in … 2020 the average initial monthly retirement benefit, for teachers retiring with 30 years of service, is 11.2 percent lower …
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. The PBGC pays retirement benefits as provided by the plan and that are consistent with federal guidelines concerning the … information on all individuals who received a retirement benefit from the PBGC in the last 10 years, over 250,000 retirees. We … examine the PBGC distributions chosen over the last decade and how they vary by age at retirement, sex, months of service, and …
Persistent link: https://www.econbiz.de/10014322865
$60,000 and $100,000 more in real (constant 2010 dollars) retirement wealth. On an annuity basis, this equals about $4 …This paper examines how controlling vendor access to public K-12 supplemental 403(b) plans improves teacher retirement … retirement saving accounts. We sort retirement plan systems into two administrative levels (state or local school district) and …
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