Tag: 401k

A glass jar full of coins and plant growing through it with some coins and plant leaves.

Abstract The U.S. government subsidizes retirement saving through 401(k) plans with $61.4 billion in tax expenditures annually, but the question of whether these tax incentives are effective in increasing saving remains unanswered.  Using longitudinal U.S. Social Security Administration data on tax-deferred earnings linked to the Survey of Income and Program Participation, the project examines whether…

Mature man is hired to handle outreach to senior adults

Abstract We examine the international equity allocations of over 3 million individuals in 296 401(k) plans over the 2006-2011 period.  These allocations show enormous cross-individual variation, ranging between zero and over 75 percent, as well as an upward trend that is only partially accounted for by the slight decrease in importance of the U.S. market…