| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26498 |
| 来源ID | Working Paper 26498 |
| Building Emergency Savings Through Employer-Sponsored Rainy-day Savings Accounts | |
| John Beshears; James J. Choi; Mark Iwry; David John; David Laibson; Brigitte C. Madrian | |
| 发表日期 | 2019-12-02 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Many Americans live paycheck to paycheck, carry revolving credit balances, and have little liquidity to absorb financial shocks. One consequence of this financial vulnerability is that many individuals use a portion of their retirement savings during their working years. For every $1 that flows into 401(k)s and similar accounts, between 30¢ and 40¢ leaks out before retirement (Argento, Bryant, and Sabelhaus 2015). We explore the practical considerations and challenges associated with helping households accumulate liquid savings that can be deployed when urgent pre-retirement needs arise. Automatically enrolling workers into an employer-sponsored “rainy-day” or “emergency” savings account—terms that we use interchangeably in this paper—funded by payroll deduction could be a cost-effective way to achieve this goal. We explore three specific implementation options: (a) after-tax employee 401(k) accounts; (b) deemed Roth IRAs under a 401(k) plan; and (c) depository institution accounts. We evaluate the pros and cons of each approach and conclude that all three approaches merit exploration and field testing. |
| 主题 | Microeconomics ; Households and Firms |
| URL | https://www.nber.org/papers/w26498 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584172 |
| 推荐引用方式 GB/T 7714 | John Beshears,James J. Choi,Mark Iwry,et al. Building Emergency Savings Through Employer-Sponsored Rainy-day Savings Accounts. 2019. |
| 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 | ||
| w26498.pdf（432KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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