Journal Article

Barriers to saving


Abstract: When the poor succeed in building up a few assets, they often find themselves disqualified from badly needed government programs. Confusing rules about IRAs and 401(k)s plus conflicting state regulations make retirement saving particularly challenging.

Keywords: Medicaid; Poverty; Saving and investment; Social security;

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Communities and Banking

Publication Date: 2006

Issue: Sum

Pages: 25-27