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T16-0161 - Tax Benefit of Certain Retirement Savings Incentives (Present-Value Approach) by Expanded Cash Income Percentile, 2016

Distribution of the tax benefits of current year contributions to IRAs, Keogh plans, and both defined contribution and defined benefit retirement plans. Tax benefits for current year contributions are calculated as the present value of tax savings relative to equivalent contributions to a taxable account. Table shows the benefit by income percentile under current law for 2016.

August 16, 2016