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Many nations incentivize retirement saving by letting workers defer taxes on pension contributions, imposing them when … taxing pension contributions instead of withdrawals leads to delayed retirement, somewhat lower lifetime tax payments, and …
Persistent link: https://www.econbiz.de/10013464027
We examine respondents in the Health and Retirement Study (HRS) to observe how their financial situations unfolded as … retirement, and progress through their retirement years, and (b) labor force participation declined and thus earnings became less … important with age, while Social Security and retirement savings rose as a proportion of annual income …
Persistent link: https://www.econbiz.de/10012510599
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The Office of Retirement and Disability Policy at the Social Security Administration created the Retirement Research … foster communication between the academic and policy communities. The Michigan Retirement Research Center (MRRC) has …
Persistent link: https://www.econbiz.de/10014200096
Health and Retirement Study (HRS), for 60 percent of total wealth of HRS households who are in the 45th to 55th wealth …
Persistent link: https://www.econbiz.de/10014043164
Over the life-cycle, wealth holdings tend to be highest in the early part of retirement. The quality of financial …
Persistent link: https://www.econbiz.de/10012113846
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and Retirement Study, this paper explores asset holdings among a nationally representative sample of people on the verge … of retirement. Making reasonable projections about asset growth, we assess how much more people would need to save in … order to preserve consumption levels after retirement. We find that the median older household has current wealth of …
Persistent link: https://www.econbiz.de/10012472572
contributions boosted in many nations. Yet our research on old-age system reforms does not require raising mandatory retirement ages … or contributions. Instead, we offer ways to enhance incentives for people to work longer and delay retirement. There are … good reasons to incentivize older people to work longer and delay retirement. These include rising longevity, the shrinking …
Persistent link: https://www.econbiz.de/10011674294