Tag: retirement savings
The brief’s key findings are: Today’s workers must save on their own for a secure retirement, so researchers have examined existing options for encouraging them. Tax incentives: recent research suggests that increasing the generosity of tax incentives for 401(k)s and IRAs would not significantly increase saving. 401(k) design: auto-enrollment has boosted participation, but, to date,…
The brief’s key findings are: When kids fly the coop, parents have extra money on hand. The question is do they spend it or save it for retirement? Spending the extra money means fewer resources at retirement and a higher standard of living to target; saving it means more resources and a lower target. Using…
