Tax Policy Center

retirement savings

Individual Taxes: TaxVox
Federal tax and spending policies are worsening the problem of economic inequality. But the tax breaks that overwhelmingly benefit the wealthy are only part of...
February 5, 2019C. Eugene Steuerle
: TaxVox
In a new initiative, the Tax Policy Center is improving its modeling of five key tax expenditures: the tax treatment of pass-through entities, charitable giving,...
December 18, 2018Mark J. Mazur
Individual Taxes: TaxVox
While the House-passed plan to make permanent the individual tax cuts of the Tax Cuts and Jobs Act (TCJA) is getting the most attention, the...
October 1, 2018Howard Gleckman
Individual Taxes: TaxVox
President Trump last week asked the Treasury Department to review the rules surrounding Required Minimum Distributions (RMDs) for traditional Individual Retirement Accounts and 401(k) plans...
September 7, 2018Howard Gleckman
Individual Taxes: TaxVox
Why would sensible people buy lottery tickets, where their chances of coming away with big bucks are vanishingly small, but be so reluctant to contribute to retirement savings?
September 6, 2017Renu Zaretsky
Individual Taxes: TaxVox
Let’s face it. Economists just see the world differently than everybody else. Take, for example, the question of whether Individual Retirement Accounts are tax-free or...
June 15, 2016Lydia Austin
Individual Taxes: TaxVox
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
Individual Taxes: TaxVox
It is easy to mock Senator Marco Rubio, who cashed out $68,241 in IRA retirement funds last September. The GOP presidential hopeful, who made about $230,000 last year, told Fox News he needed the dough to prepare for his campaign, buy a new $3,000 refrigerator, and fix his busted a/c. As it happens
May 26, 2015Howard Gleckman
Individual Taxes: TaxVox
Earlier this year, the Obama Administration proposed a small and almost unnoticed change in retirement savings rules that could be a big help to middle-income seniors who want to preserve assets to pay for medical and long-term care costs in very old age. The proposal would exempt those who have $
April 27, 2015Howard Gleckman
Individual Taxes: TaxVox
Nearly one-third of all federal tax expenditures--$384 billion in 2013 alone-- is aimed at various forms of asset building, such as retirement savings, higher education, and home ownership. Yet, according to research by several of my Tax Policy Center and Urban Institute colleagues, these tax
October 7, 2014Howard Gleckman