Businessman manager hands holding pen for reading, signing paperwork near payroll salary binder

Payroll-Deduction IRAs Are Becoming Cheaper and Easier

April 5, 2021

But that doesn’t mean we should change the contribution limits. The technology associated with payroll-deduction IRAs is making it easier and cheaper for employers to enroll their employees in these accounts. That’s wonderful. At any given time, roughly half of private sector workers – primarily those at small companies and the relatively lower paid –…

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

Do Catch-Up Contributions Increase 401(k) Saving?

Issue Brief by Qi Guan, Matthew S. Rutledge, April Yanyuan Wu, and Francis M. Vitagliano

July 7, 2015

The brief’s key findings are: To encourage Americans to save more for retirement, some suggest raising 401(k) contribution limits. To assess such an option, this analysis estimates the effects of a 2001 increase in 401(k) limits that also introduced a higher “catch-up” limit for those 50 and over. The increase in the limits did boost…