Research Report Automatic Enrollment in IRAs: Costs and Benefits
Benjamin H. Harris, Rachel M. Johnson
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To encourage better retirement saving, President Obama recently proposed policies that would require firms without retirement savings plans to automatically enroll their workers in IRAs. In addition, the president proposed an expansion of the Saver's Credit to be fully refundable and available to middle-income taxpayers. This report estimates the revenue costs and distributional effects of the president's proposals.
Research and Evidence Tax and Income Supports Upward Mobility
Expertise Upward Mobility and Inequality Taxes and the Economy Aging and Retirement
Tags Fiscal policy Pensions Individual taxes Federal budget and economy Retirement policy