Tag: low-wage workers
I appreciate how privileged my husband and I are that we are able to remain in our home, where we feel fairly safe. He is a retired Boston high school teacher. I have a good job that also provides me with some degree of flexibility when needed, and my boss didn’t resist, because of my…
The brief’s key findings are: Previous studies find that the tax deferral advantage offered by 401(k) plans mainly benefits high-income workers, who face higher marginal tax rates. A key assumption is that employer 401(k) contributions do not affect workers’ total compensation – that is, they are fully offset by lower wages. However, our results suggest…
