People earn just enough to get by' is a phrase often used to explain the low personal saving rate in the United States … largely outside the control of individuals' that might limit the resources from which saving might plausibly be made. We also … households choose to save. The differences in saving choices among households with similar lifetime earnings lead to vastly …

distribution when they change jobs choose to keep their accumulated 401(k) assets in the retirement saving system. These households … either leave their assets in their previous employer's 401(k) plan, or they roll the assets over to another retirement saving …

Proposals for mandatory private saving accounts differ in the degree of investment discretion that they provide to …

Personal retirement accounts are becoming an increasingly important form of retirement saving. Using data from the … different lengths of exposure to personal retirement saving programs. The findings suggest that personal retirement saving has … employer-provided pension saving with personal retirement saving. Together with evidence that personal financial saving is …

net personal saving. Saver hetero- geneity is the key impediment to determining the saving effect of these plans We … 401(k) represent largely new saving. Some of the evidence is directed to the IRA program, some to the 401(k) plan, and … saving programs on personal saving and in some cases have reached very different conclusions from ours. Thus we have devoted …

of new contributions to IRAs and other targeted retirement saving programs. This paper draws on data from the 1993 … distributions. We find that while less than half of all lump sum distributions are rolled over into IRAs or other retirement saving …

Individual saving through targeted retirement saving accountsþIRAs and 401(k)sþgrew rapidly in the United States during … represent new saving that would not otherwise have occurred. The micro evidence is compared with macro saving measured by …