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their willingness to delay claiming later, if they could receive a lump sum in lieu of a higher annuity payment. Using a …
Persistent link: https://www.econbiz.de/10011584824
delays if, by delaying benefits, people received a lump sum instead of an annuity. We predict that current early claimers …
Persistent link: https://www.econbiz.de/10012113838
their willingness to delay claiming later, if they could receive a lump sum in lieu of a higher annuity payment. Using a …
Persistent link: https://www.econbiz.de/10012062081
I review the academic literature on defined contribution retirement plan design and participant behavior. While adoption of automatic enrollment has significantly increased participation rates, recent studies find the long-run effects on savings are smaller than the short-run effects, with some...
Persistent link: https://www.econbiz.de/10014635616
in lifetime annuity benefits, for a lump sum would induce later claiming and additional work. We show that people would …
Persistent link: https://www.econbiz.de/10010482081
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Employer-provided health benefit coverage for workers who retire before age 65 has fallen over the last decade. We examine a cohort of male workers from the Health and Retirement Survey to examine questions about the dynamics of retiree health benefits and the relationship between retiree health...
Persistent link: https://www.econbiz.de/10010287991
We estimate the effect of employer offers of retiree health benefits (RHBs) on the timing of retirement using a sample of Health and Retirement Study (HRS) men observed over a period of up to 12 years. We hypothesize that the effect of RHBs differs for workers of different ages - a hypothesis we...
Persistent link: https://www.econbiz.de/10010288029