
Despite job losses, COVID’s effect on retirement savings was inconsequential – unlike the Great Recession – explains John Sabelhaus from the Brookings Institute via FinancialPlanning.…Read More
Despite job losses, COVID’s effect on retirement savings was inconsequential – unlike the Great Recession – explains John Sabelhaus from the Brookings Institute via FinancialPlanning.…Read More
Requiring high school financial education affects near-term behaviors for young adults entering financial independence yet has little effect on long-term savings and investing, explain Profs. Carly Urban of Montana State University and Melody Harvey of University of Wisconsin-Madison, via RetireSecure Blog.…Read More
Taxing 401(k) contributions versus payouts will alter saving, investment, consumption, & Social Security claiming. But there’s little rationale for policymakers to favor taxing pension contributions versus pension payouts, on egalitarian or revenue-enhancing grounds. Research by Vanya Horneff and Raimond Maurer of Goethe-Universität Frankfurt, and Olivia S. Mitchell of The Wharton School via Journal of Pension Economics & Finance.…Read More
How many American workers lack access to a workplace retirement savings plan or pension? John Sabelhaus of the Brookings Institute and University of Michigan Survey Research Center uses new data to address this question via a discussion of his new PRC Working Paper, “The Current State of U.S. Workplace Retirement Plan Coverage.”…Read More
PRC 2022 Symposium researchers find real-world shocks undermine retirement preparedness. Saving more, working longer, and expecting less can help, explains Professor Olivia S. Mitchell via Knowledge at Wharton.…Read More
Auto-enrollment in state retirement plan helps initiate savings but many opt out explain Profs. John Chalmers (University of Oregon), Olivia S. Mitchell (University of Pennsylvania), Jonathan Reuter (Boston College) and Mingli Zhong (Urban Institute). Via AroundtheO…Read More
Auto portability facilitates transfer of Americans’ 401(k) funds to new employers, keeping savings in the retirement system: Michael Kreps of Groom Law Group, at the RetireSecure blog.…Read More
Many American households have no retirement savings, and a majority have too little saved to fund their expected needs. Professors Richard Patterson and William Skimmyhorn look at strategies to boost retirement savings, at the RetireSecure blog.…Read More
State-run auto-enrollment IRAs generate savings for many, and meaningfully boost employee retirement assets, according to John Chalmers (University of Oregon), Olivia S. Mitchell (University of Pennsylvania), Jonathan Reuter (Boston College) and Mingli Zhong (Urban Institute). Via PlanSponsor…Read More
A new study shows first state-sponsored auto IRA program has positive impact on those who previously lacked access to a plan according to Profs. John Chalmers of University of Oregon, Olivia S. Mitchell of Wharton, Jonathan Reuter of Boston College and Urban Institute Researcher Mingli Zhong via ASPPA.…Read More