Tag: retirement

Senior man calculating finances

Abstract This paper examines the importance of annuity-like income as a share of total money income received by aged families.  The analysis considers the aged (62+) population as a whole as well as different parts of the aged families’ income distribution during the period from the early 1980s through 2009.  We use survey data from…

Young casual woman sitting working on laptop with business data

Due to differing tax treatments, each $1,000 placed into a traditional, tax-deductible 401(k) costs less today than $1,000 placed into a Roth 401(k), but that Roth will provide more money in retirement. New research indicates that workers don’t recognize this difference between the two types of employer-sponsored retirement accounts when deciding how much to sav…