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来源类型 | Research Report |
规范类型 | 报告 |
The Interaction Between IRAs and 401(k) Plans in Savers’ Portfolios | |
William G. Gale; Aaron Krupkin; Shanthi Ramnath | |
发表日期 | 2017-10-25 |
出版年 | 2017 |
语种 | 英语 |
概述 | Policy makers have long sought to boost households’ retirement saving through tax incentives. Little is known, however, about how savers’ contributions are linked across different types of tax-preferred accounts. Previous research has concluded that workers who become eligible for a 401(k) plan also see stronger growth in IRA balances. However, the mechanism for this increase – contributions, asset growth, |
摘要 | Policy makers have long sought to boost households’ retirement saving through tax incentives. Little is known, however, about how savers’ contributions are linked across different types of tax-preferred accounts. Previous research has concluded that workers who become eligible for a 401(k) plan also see stronger growth in IRA balances. However, the mechanism for this increase – contributions, asset growth, rollovers, etc. – is a puzzle. To examine these issues further, we use a sample of tax returns from 1999-2014. A particularly useful feature of the data is the presence of tax-reported information on IRA balances and 401(k) contributions. Using two different control groups that have stronger and weaker tastes for saving, respectively, than the treatment group, we find virtually no link between new 401(k) contributions and new IRA contributions. Households who start contributing to 401(k) plans do not have higher propensities to start contributing to IRAs, raise IRA contributions, own IRAs, or have higher IRA balances in level or first-differences.
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主题 | Taxes and Budget |
URL | https://www.urban.org/research/publication/interaction-between-iras-and-401k-plans-savers-portfolios |
来源智库 | Urban Institute (United States) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/479944 |
推荐引用方式 GB/T 7714 | William G. Gale,Aaron Krupkin,Shanthi Ramnath. The Interaction Between IRAs and 401(k) Plans in Savers’ Portfolios. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
2001558-the_interact(380KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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