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Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked contrast to the situation in Anglo-Saxon countries. It has advantages if labour markets are strong, e.g., following a quick recovery from the Great Recession. It has disadvantages, as...
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Tax-qualified vehicles helped U.S. private-sector workers accumulate $25Tr in retirement assets. An often-overlooked important institutional feature shaping decumulations from these retirement plans is the "Required Minimum Distribution" (RMD) regulation, requiring retirees to withdraw a minimum...
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Although supplemental saving plans can be an important part of an individual's financial security in retirement, contribution rates remain low, particularly among those with lower salaries and less education. We report findings from a field experiment that distributed an informational nudge...
Persistent link: https://www.econbiz.de/10012455003
Although supplemental saving plans can be an important part of an individual's financial security in retirement, contribution rates remain low, particularly among those with lower salaries and less education. We report findings from a field experiment that distributed an informational nudge...
Persistent link: https://www.econbiz.de/10012949441
significant and negative regarding the contribution decision. Race, health, and an individual's savings habits do not appear to …
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, considerable attention is given to new research on retirement savings, the cost and efficiency of medical resources, and the … Economics of Aging also includes comparative studies on savings behavior in Italy, the Netherlands, and the United States; an … examination of household savings among different age groups in Germany; and a chapter devoted to population aging and the plight …
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