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The Effect of Tax-Deferred Savings Plans on Household Wealth Accumulation: Evidence from the Survey of Consumer Finances: Technical Paper 1999-4:

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  • Ken Ayotte
  • John Sabelhaus

Abstract

Demographic trends and projections of continued slow productivity growth have led to significant concern about the viability of Social Security and Medicare in the next century. In addition to these gloomy predictions about public retirement programs, fundamental changes that are occurring in employer-sponsored pension coverage are also becoming a source of concern. Although the overall level of employer-sponsored retirement plan coverage in the U.S. has remained high during the last few decades, an increasing number of working families are now receiving their primary

Suggested Citation

  • Ken Ayotte & John Sabelhaus, 1998. "The Effect of Tax-Deferred Savings Plans on Household Wealth Accumulation: Evidence from the Survey of Consumer Finances: Technical Paper 1999-4:," Working Papers 13344, Congressional Budget Office.
    • Handle: RePEc:cbo:wpaper:13344
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    File URL: https://www.cbo.gov/sites/default/files/105th-congress-1997-1998/workingpaper/19994_0.pdf
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    References listed on IDEAS

    as
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    5. R. Glenn Hubbard & Jonathan S. Skinner, 1996. "Assessing the Effectiveness of Saving Incentives," Books, American Enterprise Institute, number 53540, September.
    6. Arthur B. Kennickell & Martha Starr-McCluer & Annika E. Sunden, 1997. "Family Finance in the U.S.: Recent Evidence from the Survey of Consumer Finances," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), vol. 83(1), pages .1-24, January.
    7. Burman, Leonard E. & Cordes, Joseph J. & Ozanne, Larry, 1990. "IRAs and National Savings," National Tax Journal, National Tax Association, vol. 43(3), pages 259-83, September.
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