Tag: retirement security
Comprehensive and up-to-date, Coming Up Short is an essential resource on 401(k) plans for financial services professionals who design, administer, or manage retirement accounts; for policymakers concerned with ensuring adequate income for an aging population; and for individuals planning for their own retirement. View book summary. View myths and realities of 401(k) plans. Click her…
Abstract This paper describes the role of adverse selection in annuity markets, and sketches some of the public policy implications of the existence of such selection effects. It shows that a substantial fraction of the difference between the expected value of the payouts on both voluntary and compulsory annuity products in the U.K., and t…