Money on the table: Some evidence on the role of liquidity constraints in 401(k) saving

Using Health and Retirement Study data on contributions, earnings, and pension plans, we examine the role of liquidity constraints in explaining why employees fail to take full advantage of employer matching contributions in 401(k) plans, leaving "money on the table."

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Year of publication:	2008
Authors:	Engelhardt, Gary V. ; Kumar, Anil
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 99.2008, 2, p. 402-404
Publisher:	Elsevier

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005361598