Automatic : changing the way America saves / William G. Gale ... [and others], editors.

Format:

Book

Contributor:

Gale, William G.

Retirement Security Project.

Language:

English

Subjects (All):

Individual retirement accounts--United States.

Individual retirement accounts.

United States.

Saving and investment--United States.

Saving and investment.

Physical Description:

viii, 270 pages : illustrations ; 24 cm

Other Title:

Changing the way America saves

Place of Publication:

Washington, D.C. : Brookings Institution Press, [2009]

Summary:

"Argues for a fresh approach to saving, simplified retirement planning, and managing risks associated with today's IRA environment. Calls for transformation of 401(k)s, incorporating features of defined benefit plans as automatic arrangements. Considers experiences of countries with automatic saving structures and presents proposals to implement similar features in this country"--Provided by publisher.

Contents:

PART I. AUTOMATIC SAVING STRUCTURES

Retirement saving for middle- and low-income households: the Pension Protection Act of 2006 and the unfinished agenda / William G. Gale, J. Mark Iwry, and Spencer Walters

The automatic 401(k): revenue and distributional estimates / Christopher Geissler and Benjamin H. Harris

Pursuing universal retirement security through automatic IRAs / J. Mark Iwry and David C. John

National retirement savings systems in Australia, Chile, New Zealand, and the United Kingdom: lessons for the United States / David C. John and Ruth Levine

PART II. TAKING THE MONEY OUT

Increasing annuitization in 401(k) plans with automatic trial income / William G. Gale ... [et. al.]

Automatic annuitization: new behavioral strategies for expanding lifetime income in 401(k)s / J. Mark Iwry and John A. Turner

PART III. RETIREMENT SAVING FOR VULNERABLE GROUPS

Retirement security for Latinos: bolstering coverage, savings, and adequacy / Peter R. Orszag and Eric Rodriguez

Retirement security for women: progress to date on policies for tomorrow / Leslie E. Papke, Lina Walker, and Michael Dworsky

Strategies to increase the retirement savings of African American households / Ngina Chiteji and Lina Walker.

Notes:

Based on the work of the Retirement Security Project (RSP), a joint venture of Georgetown University's Public Policy Institute and the Brookings Institution, that is supported by the Pew Charitable Trusts and the Rockefeller Foundation.

Includes bibliographical references and index.

ISBN:

9780815702788

0815702787

OCLC:

294886463