Tag: 401(k) participation

Hand holding coins in birds nest.

The brief’s key findings are: 401(k)s/IRAs have the potential to provide significant wealth. But a typical 60-year-old with a 401(k) in 2016 had less than $100,000 compared to a potential $360,000 in combined 401(k)/IRA assets. Four factors could explain this gap: the immaturity of the 401(k) system, the lack of universal coverage, leakages, and fees…

Senior couple and tecnologies

The brief’s key findings are: The question is whether people getting married later has any effect on retirement saving. The analysis focuses on individuals’ contributions to a 401(k) plan before and after marriage. The results show that marriage is associated with higher participation and contribution rates for both men and women. These effects are relatively…