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State wage-payment laws, which forbid deductions from wages and salaries without the written permission of the employee, constituted a binding constraint on firms' choices to adopt automatic enrollment in 401(k) plans prior to 2006. Since the passage of the Pension Protection Act of 2006, which...
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understand what factors, aside from purely economic ones, may affect individuals' savings behavior …
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Savings Shortfalls (RSS). The aggregate RSS for these age cohorts expressed in 2010 dollars is $4.55 trillion, for an overall …
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Relationships between individual traits and savings decisions vary geographically. Understanding the structure of such … that individuals can save for themselves. This paper analyses the regional structure of individual savings decisions in the …
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model that shows the retirement savings accumulations possible under Canada's tax rules for retirement saving from 1974 …
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This paper introduces a new method of analyzing the results from the EBRI Retirement Security Projection Model (RSPM®). Instead of simply computing an overall percentage of the simulated life-paths in a particular cohort that will not have sufficient retirement income to pay for the simulated...
Persistent link: https://www.econbiz.de/10013125942
Personal retirement accounts are becoming an increasingly important form of retirement saving. Using data from the Survey of Income and Program Participation, the paper considers the effect of this change on the assets of recent retirees and persons who are approaching retirement. Much of the...
Persistent link: https://www.econbiz.de/10013103043
the Roth plans to increase national savings. Roth plans have an ambiguous effect on private savings, because they can be … funded with the addition or continuation of debt and because taxpayers reduce their savings in response to tax exemption for … target avings, including savings for retirement. Roth plans also reduce federal revenue. Congress allowed taxpayers to …
Persistent link: https://www.econbiz.de/10013105923