We develop a comprehensive model of 401(k) pension design that reflects the complex tax, savings, liquidity and … investment incentives of such plans. Using a new dataset on some 500 plans covering nearly 740,000 workers, we show that employer … rates if they contributed. Such indifference to retirement saving incentives cannot be attributed to liquidity or investment …

retirement plan costs and investment choices provided, make it important to understand how people select their retirement plan … participant investment choices that resulted from the streamlining and how these changes might affect participants' eventual … rates and expense ratios, and we estimate this could lead to aggregate savings for these participants over a 20-year period …

-back guarantees. These guarantees influenced participant consumption, saving, and investment behavior in the higher interest rate … implementing default investment options in individual retirement accounts, such as the U.S. 401(k) defined contribution plans and …

financial and investment behaviors: credit card debt repayment, stock market participation, and adherence to age …-based investment glide paths. We found that the majority of respondents age 50+ has some grasp of concepts such as interest compounding …-appropriate investment glide path. The financial literacy score is only weakly positively linked with timely credit card balance repayment …