Robert C. Pozen is a senior fellow at the Brookings Institution and a senior lecturer at Harvard Business School. Lucas W. Goodman is a research assistant for Pozen. The authors are grateful to Alan Auerbach, Ted Buerger, Marc Goldwein, Don Marron, Jim Poterba, Richard Skillman, Alvin Warren,...

In this paper, we study tax loss asymmetry for S-corporation owners. We find that these owners use approximately 70 percent of losses contemporaneously---which exceeds the loss use over ten years for C corporations. We simulate owner-level effective tax rates and find that, in spite of the high...

Using tax data, this paper exploits a discontinuous increase in retirement contribution limits based on exact date of birth. This paper finds clear evidence that constrained individuals increase their retirement saving when so eligible, but fi nds no evidence suggesting that non-retirement...

We study Roth conversions using administrative tax data on the universe of individuals who made conversions from 2003 through 2015. Specifically, we document time trends in conversions, investigate how the 2010 removal of Roth conversion income limits affected conversions in that year, show the...

This study estimates the extent to which a policy-induced increase in distributions at retirement crowds out dissaving from taxable assets. This parameter informs the policy effectiveness of the underlying policy and sheds light on how retirees manage the decumulation of their assets. In...