on pensions results in higher savings. Our findings show that reducing the income tax rate on pensions has almost no … significant effect on savings behavior. However, if we vary the current tax rate at which savings are deducted, subjects adjust … their savings. Our results are in line with the interpretation that subjects neglect the level of income taxes on pensions …

many developed countries. Nevertheless, it is unclear whether TDAs actually improve a household's lifecycle savings … means of savings so there is no guarantee that a TDA, with its inflexible restriction that funds cannot be drawn until … retirement, will be attractive or improve lifecycle savings. In this paper we resort to laboratory experiments to address the …

determine retirement savings and tax payments. Flat income and tax-rate profiles facilitate the analysis of behavioral factors … like present-period tax avoidance, while optimal consumption and after-tax savings are identical for both treatments. Our … results show that observed savings are suboptimal in both treatments and are influenced by gender, patience, and risk aversion …