ESTIMATES OF TAX-DEFERRED RETIREMENT SAVINGS BEHAVIOR

This study examines the tax-favored retirement savings behavior of non-self-employed households. Our estimates suggest that perceptions of the household's marginal tax rate are of limited importance in the decision to invest in tax-deferred savings instruments. However, the household's inc...

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Bibliographic Details
Published inNational tax journal Vol. 41; no. 4; pp. 561 - 572
Main Authors COLLINS, JULIE H., WYCKOFF, JAMES H.
Format Journal Article
LanguageEnglish
Published Chicago, Ill National Tax Association 01.12.1988
The University of Chicago Press
University of Chicago Press
Subjects
401(k)plans
Deferred compensation
Estimated taxes
Estimates
Federal taxes
Head of household
Households
Income taxes
Individual retirement accounts
Marginal
Marginal tax rate
Pension plans
Retirement Market Retirement Planning
Retirement plans
Retirement savings
Spouses
Statistical analysis
Tax benefits
Tax deferred privileges
Tax rates
Tax reform
Tax Reform Act 1986-US
Taxation economics
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Summary:This study examines the tax-favored retirement savings behavior of non-self-employed households. Our estimates suggest that perceptions of the household's marginal tax rate are of limited importance in the decision to invest in tax-deferred savings instruments. However, the household's income is estimated to significantly affect the decision. We also consider the effect that the Tax Reform Act of 1986 may have on the purchase of tax-favored retirement savings instruments.
ISSN:0028-0283
1944-7477
DOI:10.1086/NTJ41788760