Choice and other determinants of employee contributions to defined contribution plans

Choice and other determinants of employee contributions to defined contribution plans

Choice and other determinants of employee contributions to defined contribution plans

Papke

Leslie E.

Papke, Leslie E.

Author

Author

text

working paper

Chestnut Hill, Mass. Center for Retirement Research at Boston College20042004monographic

Chestnut Hill, Mass.

Chestnut Hill, Mass.

Center for Retirement Research at Boston College

2004

2004

monographic

Englisheng

English

eng

electronicapplication/pdfborn digital

electronic

application/pdf

born digital

Understanding the role that 401(k) plan characteristics like investment choice play in participation and employee contributions is important as more workers rely on this type of retirement plan and proposals for Social Security solvency include individual savings plans. Using the 1992 Health and Retirement Study, this paper investigates which individual and job characteristics are associated with asset choice in defined contribution plans. Investment choice is found to substantially increase contributions to defined contribution plans.

Leslie E. Papke.

CRR WP2004-6

CRR WP2004-6

CRR WP

2004-6

http://crr.bc.edu/images/stories/Working_Papers/wp_2004-06.pdf

MChBEnglisheng

MChB

Englisheng

English

eng