U.S. Private Saving and the Tax Treatment of IRA/401(k)s : A Re-examination Using Household Survey Data /

The effect of the tax treatment of IRA/401(k)s on U.S. personal saving is examined using household survey data from the Survey of Consumer Finances. The results suggest that the tax treatment of IRA/401(k)s encouraged households to increase the share of assets held in the form of pension savings, at...

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Bibliographic Details
Main Author: Thomas, Alun
Other Authors: Towe, Christopher
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Working Papers; Working Paper ; No. 1996/087
Online Access:Full text available on IMF
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245 1 0 |a U.S. Private Saving and the Tax Treatment of IRA/401(k)s :   |b A Re-examination Using Household Survey Data /  |c Alun Thomas, Christopher Towe. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The effect of the tax treatment of IRA/401(k)s on U.S. personal saving is examined using household survey data from the Survey of Consumer Finances. The results suggest that the tax treatment of IRA/401(k)s encouraged households to increase the share of assets held in the form of pension savings, at the expense of saving in the form of housing equity. Some evidence also was found to suggest that the tax treatment of pension savings similarly affected the flow of saving. In particular, the data appeared to reject the hypothesis that the tax treatment of IRA/401(k)s increased total personal saving. 
538 |a Mode of access: Internet 
700 1 |a Towe, Christopher. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1996/087 
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