Working Paper
Portfolio choice in tax-deferred and Roth-type savings accounts
Johnson, Richard (2003)
This paper uses numerical methods to compare optimal portfolios in tax-deferred and Roth-type savings accounts. Income and payroll taxes affect optimal portfolios in tax-deferred and Roth-type plans differently. For workers with assets in only one type of plan, the optimal equity share in a tax-deferred account could be higher or lower than in a Roth, depending on initial wealth. The differences in optimal portfolios between plans are large at short investment horizons but smaller at longer horizons. This paper also studies the 'asset location' decision of workers with assets in plans of both ...
Research Working Paper , Paper RWP 03-08

Conference Paper
Asset accumulation in low-resource households: evidence from individual development accounts
Zhan, Min; Grinstein-Weiss, Michal; Curley, Jami; Sherraden, Michael; Clancy, Margaret; Schreiner, Mark; Johnson, Lissa (2001)
Proceedings , Paper 799

Journal Article
IRAs: down but not out
Tucker, James F. (1987-10)
Cross Sections , Issue Fall , Pages 1-3

Journal Article
The impact of individual retirement accounts on savings
Pham, Han N.; McCarthy, Jonathan (1995-09)
Bills to expand individual retirement accounts have been introduced in both houses of Congress this year. While proponents argue that these accounts can help reverse the nation's declining saving rate, recent economic research suggests that the effect of the accounts on savings is in fact quite small.
Current Issues in Economics and Finance , Volume 1 , Issue Sep

Working Paper
IRAs and saving: evidence from a panel of taxpayers
Joines, Douglas H.; Manegold, James G. (1991)
Research Working Paper , Paper 91-05

Conference Paper
Observations on personal retirement accounts
Bodie, Zvi (2005)
Proceedings , Paper 975

Journal Article
Social security versus private retirement accounts: a historical analysis
Rhine, Russell M.; Garrett, Thomas A. (2005-03)
This paper compares Social Security benefits relative to those paid from private investments: specifically, whether 2003 retirees would gain more retirement income if they had invested their payroll taxes in private accounts during their working years. Three different retirement ages and four possible earnings levels are considered for two private investments-6-month CDs or the S&P 500. On average, the results suggest less than 5 percent of current retirees would receive a higher monthly benefit with Social Security. Several Social Security reform proposals are described.
Review , Volume 87 , Issue Mar

Journal Article
Can IRAs cure the low national savings rate?
Garner, C. Alan (1993-04)
Economic Review , Volume 78 , Issue Q II , Pages 5-19

Journal Article
Increasing national saving: are IRAs the answer?
Samolyk, Katherine A.; Altig, David E. (1991-09)
An argument that curtailing deductions for personal interest expense would be a more effective strategy for increasing national saving.
Economic Commentary , Issue Sep