Search Results
Discussion Paper
Tax reform and corporate capital structure
Discussion Paper
Private annuity markets in the United States: 1919-1984
Journal Article
Life insurance companies in a changing environment
Discussion Paper
The funding of private pension plans
Working Paper
Estimates of the effect of FAS 106 on corporate earnings
Working Paper
Life-cycle saving, limits on contributions to DC pension plans, and lifetime tax benefits
This paper analyzes questions related to defined contribution (DC) plans. For what types of households are statutory contribution limits likely to bind? How large is the lifetime tax benefit from participating in a DC plan and how does it vary with lifetime income? The authors find that contribution limits bind for households that begin their plan participation late in life or wish to retire early, single-earner households, those who are not borrowing-constrained, those with rapid rates of real wage growth, and those with high levels of earnings regardless of age. Setting contribution rates ...