Money on the table: Some evidence on the role of liquidity constraints in 401(k) saving

TitleMoney on the table: Some evidence on the role of liquidity constraints in 401(k) saving
Publication TypeJournal Article
Year of Publication2008
AuthorsEngelhardt, GV, Kumar, A
JournalEconomics Letters
Volume99
Issue2
Pagination402-404
KeywordsConsumption and Savings, Other, Pensions
Abstract

Using Health and Retirement Study data on contributions, earnings, and pension plans, we examine the role of liquidity constraints in explaining why employees fail to take full advantage of employer matching contributions in 401(k) plans, leaving money on the table.

URLhttp://www.sciencedirect.com/science/article/B6V84-4PMT2NN-2/2/c5a0c36b339ccd23dd9a244b6453e995
Endnote Keywords

Saving/401(k)s/Liquidity constraints

Endnote ID

25470

Citation Key7279