全球智库信息集成服务系统(G2TT): Who Uses the Roth 401(k), and How Do They Use It?

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w19193
来源ID	Working Paper 19193
	Who Uses the Roth 401(k), and How Do They Use It?
	John Beshears; James J. Choi; David Laibson; Brigitte C. Madrian
发表日期	2013-07-02
出版年	2013
语种	英语
摘要	Using administrative data from twelve companies that added a Roth 401(k) option between 2006 and 2010, we describe the characteristics of Roth contributions. Approximately one year after the Roth is introduced, 9% of 401(k) participants have positive Roth balances. Roth participation is more than twice as high among 401(k) participants who were hired after the Roth introduction than among 401(k) participants who were hired before the Roth introduction. In essence, once an employee joins a 401(k) she becomes passive/inattentive, thereby reducing the likelihood of reacting to the introduction of a new Roth option. Conditional on contributing to the Roth, 66% of employee contributions go to the Roth, and half of employees contribute to both the Roth and another 401(k) account, consistent with a tax diversification motive. Roth usage is decreasing in age, less likely among women, and only weakly correlated with salary and tenure once we control for other employee characteristics.
主题	Microeconomics ; Households and Firms ; Behavioral Economics ; Public Economics ; Taxation
URL	https://www.nber.org/papers/w19193
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/576866
推荐引用方式 GB/T 7714	John Beshears,James J. Choi,David Laibson,et al. Who Uses the Roth 401(k), and How Do They Use It?. 2013.