Posts Tagged ‘401(k)s’

The Center for American Progress Rethinks Retirement Savings

Kudos to Rowland Davis and David Madland at the Center for American Progress for rethinking retirement savings. In a paper with the rather understated title “American Retirement Savings Could Be Much Better,” the authors attempt to stitch together the best of defined contribution plans and defined benefit pensions. Their preferred vehicle is what’s known as a […]

401(k) Plans May Be a Better Deal for Low Wage Workers Than We Thought

Tax-deferred 401(k) plans may be a better deal for low-income workers than economists thought, according to new research by my Tax Policy Center colleague Eric Toder and Urban Institute senior research associate Karen Smith. While high-income workers may get a bigger tax break from their 401(k)s, they also face a short-term trade-off. That’s because their […]