Tag: government matching contributions
![Social Security Card: Senior woman holding card in hand on white background](https://crr.bc.edu/wp-content/uploads/2022/11/social_security_4-1536x913.jpg)
Abstract This paper examines the potential impact of government matching contributions on personal-account participation in the President’s Commission on Strengthening Social Security’s Model 3 for Social Security reform. Given the government’s choice of four plan-design parameters, the magnitude of the match is determined solely by the differential return personal-account assets receive above the notional return,…