savings are smaller than the short-run effects, with some savings financed via debt. I also review efforts to expand access to … employer-based retirement savings and liquid savings, the pros and cons of target date funds as default investment options …

The Clinton Administration has proposed a new savings initiative called "Universal Savings Accounts" or a "USA Accounts …." These accounts would provide low and middle income workers with automatic annual contributions for retirement savings. They … federal program of savings incentives and subsidies. Similar proposals for individual savings accounts - the Bipartisan Social …

We study a retirement savings plan with a default contribution rate of 12% of income, which is much higher than …

Medium- and long-run dynamics undermine the effect of automatic enrollment and default savings-rate auto-escalation on … retirement savings. Our analysis of nine 401(k) plans incorporates the facts that employees frequently leave firms (often before …

assets behind at the former employer, wanting to preserve the tax treatment of the savings, and wanting to consolidate assets …

heavy scrutiny. In particular, tax preferences to boost retirement savings in employer-provided retirement plans has been at … usefulness of such retirement tax expenditures in boosting savings. Using quasi-experiments, rich data, and robust statistical … retirement savings plans had virtually no effect on total savings. This has prompted discussions in the United States about the …