Tag: 401k balances
It is always interesting to look at Vanguard’s most recent edition of “How America Saves.” And it is particularly interesting to get the numbers for 2022 – not a good year for the stock market. Indeed, the news isn’t good for 2022. More importantly, the longer-run trends – despite a great expansion in auto-enrollment –…
The IRS has a claim on a chunk. A paper that my colleague Anqi Chen and I wrote last year – “How Much Taxes Will Retirees Owe on Their Retirement Income?” – keeps hitting the “top 10” list on a major listserv for social sciences research. So let me share our findings. As people approac…
