Tax Policy Center

401(k)

Individual Taxes: TaxVox

How To Fix the Problem of Small Retirement Accounts

Not only do many American fail to save enough for retirement, but many workers are plagued by a different, but related problem: They have collected...
September 21, 2021William G. Gale
Individual Taxes: TaxVox

How To Turn Tax Refunds Into Savings

The ongoing flap over tax refunds has once again highlighted a serious issue: Americans use tax withholding from their paychecks as a major savings tool...
February 22, 2019Howard Gleckman
Business Taxes: TaxVox

Will the Tax Cuts and Jobs Act grow US businesses?

But after the TCJA's bonus buzz fades, what will companies do with their extra money? Will they use it to make more capital investments in the US to boost productivity, and eventually, workers’ wages?
February 7, 2018Renu Zaretsky
Individual Taxes: TaxVox

The Case of the Questionable Tax Incentive: Women and Retirement Savings

Twenty years ago, I turned 25 and earned my first raise. My older sister gave me some great advice: “When you get a raise always...
November 4, 2015Renu Zaretsky
: TaxVox

Online Taxes: Searches, Storage, and Sales

Congress is in recess. The Daily Deduction will return to its regular schedule on Monday, September 8. Until then: We’ll see you every Monday morning. Abroad and online: One country brings a knife to a gunfight. Spain has passed a new law : Websites that link to Spanish newspaper association
August 4, 2014Renu Zaretsky
Individual Taxes: TaxVox

A New Way to Invest for Old Age, But How Many Will Buy?

A few weeks ago, with absolutely no fanfare, the Treasury Department announced what could be a major change in the way we save for retirement. It will now permit people to shift a portion of their 401(k)s or IRAs into a deferred annuity that provides a guaranteed stream of income once you reach old
August 1, 2014Howard Gleckman
Federal Budget and Economy: TaxVox

The President’s Plan to Cap Retirement Saving Benefits

The president’s FY 2014 Budget would limit tax benefits for workers with high-balance retirement saving accounts. Although critics call the plan a blow to workers’...
April 12, 2013Benjamin H. Harris
Individual Taxes: TaxVox

Automatic Retirement Saving Inches Forward

Automatic enrollment is slowly gaining steam as the choice strategy to encourage retirement saving. A bold plan in California would eventually make the practice widespread...
March 22, 2013Benjamin H. Harris