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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 …
Persistent link: https://www.econbiz.de/10015056154
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This study develops a framework that can be used to examine the retirement savings decision. Using Retirement … smaller household size, and favorable financial attitudes tend to currently have a retirement savings program in place. Those … who are exposed to workplace financial education are more likely to have a retirement savings program and having a …
Persistent link: https://www.econbiz.de/10013083011
Over the past several years, we have undertaken a series of analysies of the effect of IRA and 401(k) contributions on net personal saving. Saver hetero- geneity is the key impediment to determining the saving effect of these plans We emphasize that no single method can provide sure control for...
Persistent link: https://www.econbiz.de/10012768107
We examine the incidence on household consumption of the introduction of tax incentives to retirement saving. First, using data from a panel of tax returns we document that most contributions to pension funds are by older/high-income individuals. Then we use panel data from a consumption survey...
Persistent link: https://www.econbiz.de/10012179180
Over the past several years, we have undertaken a series of analysies of the effect of IRA and 401(k) contributions on net personal saving. Saver hetero- geneity is the key impediment to determining the saving effect of these plans We emphasize that no single method can provide sure control for...
Persistent link: https://www.econbiz.de/10012473249
retirement savings issues; and Nevin Adams, then chief content officer for the American Retirement Association, spoke with Borzi … retirement savings, and the desirability of lifetime income streams like the default distribution mechanism of Social Security …
Persistent link: https://www.econbiz.de/10014254643
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