Tag: gender

couple goes through paperwork while being on meeting with financial advisor

Study suggests differences may be disappearing. A 2020 Bank of America study examined 401(k) participation rates, contribution rates, investment allocations, balances, and leakages for the 4.6 million participants in the company’s record-keeping systems.  In addition to breaking the data out by gender, the report also includes results by generation.  The authors conclude that participation rates…

Working together on their budget

Abstract This paper examines transfers of time and money between retirees and their children.  It uses data from the Panel Study of Income Dynamics to test whether numbers of children, parent-child wealth differentials, geographic proximity, and gender contribute to racial and ethnic differences in transfers of time and money between retirement-aged adults and their children. …