Is Latin America Retreating From Individual Retirement Accounts?
July 7, 2009
The brief’s key findings are:
- Many Latin American countries adopted individual retirement accounts (IRAs) to supplement or replace traditional social security systems.
- Recently, a number of these countries have enacted reforms to better balance individual saving and social risks.
- The new reforms generally aim to improve – not abandon – IRAs and, at the same time, to provide more adequate protection against old-age poverty.
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Citation
Calvo, , Evelina Bertranou, and Fabio Bertranou. 2009. "Is Latin America Retreating From Individual Retirement Accounts?" Issue in Brief 9-14. Chestnut Hill, MA: Center for Retirement Research at Boston College.
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