What is the myRA Q.What is the myRA? A.The myRA is a Roth-structure retirement savings account targeted at low-income households and those without access to an employer-sponsored plan. Read more about What is the myRA
How large are the tax expenditures for retirement saving? Q.How large are the tax expenditures for retirement saving? A.The expenditures are very large, indeed. They topped $158 billion in 2015 and will likely exceed $1 trillion over the 2015–19 period. Read more about How large are the tax expenditures for retirement saving?
How does tax-favored retirement saving affect national saving? Q.How does tax-favored retirement saving affect national saving? A.It only increases private saving if the tax breaks encourage households to set aside additional cash rather than simply transferring it from other nest eggs. It only increases national saving if the increase in private saving exceeds the revenue loss from the tax subsidy. Read more about How does tax-favored retirement saving affect national saving?
