The Social Security program has received a great deal of attention recently as President Bush has been pushing for the inclusion of individual accounts within the program. The president has not specified a detailed proposal, but one of the reform models (Model 2) that was outlined by his...

The use of target-date funds (TDFs) in 401(k) plans has increased rapidly in recent years. The percentage of all 401(k) plan participants using TDFs increased from 25 percent in 2007 to 31 percent in 2008. One of the reasons for this growth is that TDFs have been a popular choice for the default...

To establish current savings behavior, one necessary measurement of retirement preparation is identifying the percentage of workers with employment-based retirement plans, as well as understanding the characteristics of workers with and without access to such programs. The findings from this...

The Annual Social and Economic Supplement to the U.S. Census Bureau's Current Population Survey (CPS) is one of the most-cited sources of income data for retirement-age Americans (typically ages 65 or older). It has also been used to provide annual estimates of employment-based retirement plan...

The EBRI IRA Database, an ongoing project that collects data from multiple IRA plan administrators, for 2012 contains information on 25.3 million accounts owned by 19.9 million unique individuals with total assets of $2.09 trillion. This paper examines the percentage of traditional and Roth IRA...