A young man, Christopher Jackson (“Christopher”), strangled to death his grandmother, Rosemarie Little (“Rosemarie”), a beloved Skadden Arps legal secretary and churchgoing woman, who had chosen Christopher to receive part of her death benefits under her employer's 401(k) plan and life...

Das Rentenniveau wird für zukünftige Rentnergenerationen regelgebunden sinken. Deshalb erfordert eine Absicherung des Lebensstandards im Alter - wie mit den Rentenreformen Anfang der 2000er Jahre eingeleitet - neben der gesetzlichen Rente eine private und betriebliche Vorsorge. Allerdings sind...

This paper examines several aspects of Israel's restructured retirement benefits system, focusing on distributive effects. We characterize 10 stylized representative prototypes of Israeli households, reflecting common demographic, wage and employment profiles. These prototypes are used to...

The CARES Act provides cash flow relief for “qualified individuals” with savings and retirement benefits by enhancing provisions for direct loans and indirect loans (repayable distributions) of those individual's benefits. IRS Notice 2020-23 similarly extends due dates for pension plan loan...

Given the prevalence of informal labor, most countries have combined contributory social insurance programs (pensions, unemployment benefits, and health insurance), with non-contributory insurance programs and several types of "safety nets." All of these programs involve different types of...

The CARES Act provides cash flow relief for qualified individuals with savings and retirement benefits by enhancing provisions for direct loans and indirect loans (repayable distributions) of such benefits. Both the IRS and DOL have recently issued guidance with respect coronavirus-related...

At least 50% of Americans have not saved enough for retirement. This is in part due to a lack of access to employer-sponsored retirement plans. Nearly a third of the U.S. workforce is employed by businesses that choose not to sponsor workplace retirement plans for their employees. Moreover,...

The CARES Act forgives federal student loan payments with due dates between March 27, 2020 and September 30, 2020 and suspends the minimum required distribution rules for distributions otherwise due during the 2020 calendar year. The CARES Act also provides cash flow relief for qualified...

This paper uses data that combine retirement distributions reported by taxpayers on tax returns with information reported by the payers of those distributions on information returns. With the combined data we can allocate distributions reported on Form 1040 by the detailed distribution codes...

This paper describes how we combine and reconcile data on retirement distributions reported by taxpayers on tax returns with data reported by the payers of those distributions on information returns. With the combined data, we are able to allocate distributions reported on Form 1040 by the...