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In order to increase personal saving and investment and to promote tax neutrality among various investment vehicles … mutual fund capital gain distributions unfairly discriminates against taxpayers seeking the investment benefits of … incur. Since mutual funds are a popular vehicle for saving and investment of middle-income households, this tax reform would …
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This paper explores (1) whether plan demographic characteristics would affect individual participant contribution rates and target-date fund investments and (2) equity glide paths for participants in relation to plan demographics by considering target replacement income and its success rate....
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