Early distributions from retirement accounts could endanger future retirement income
security, and the US has restrictions to discourage them, including possible tax penalties. On …

During the COVID-19 pandemic, the Australian government allowed the withdrawal of up to
A $20,000 (around half median annual wage income) from private retirement accounts …

This paper generates new, aggregate estimates of retirement savings flows in the United
States from 2003 to 2015 and provides detailed estimates of leakage from tax-preferred …

The age-based component of Social Security-Old-Age and Survivors Insurance (OASI)-is a
major source of income for most older Americans. For the insured worker, benefit eligibility …

Tax-benefited retirement accounts have features designed to encourage saving, including a
penalty for withdrawing before age 59 1 2. Account holders also face a penalty for failing to …

Over the last century, life expectancy has increased significantly. This increase has
underscored the need for efficient retirement planning. Nevertheless, a key difficulty when …

This paper documents changes in retirement saving patterns at the onset of the COVID-19
pandemic. We construct a large panel of US tax data, including tens of millions of person …

Tax policy may influence intergenerational transfers, especially the method and timing of
gifts. In this paper, I study how tax rules that mandate the decumulation of retirement savings …

Tax-benefited retirement accounts have features designed to encourage retirement savings,
including a penalty for withdrawing before age 59 1 2. Account holders also face a penalty …

During the pandemic, Australia allowed the withdrawal of A $20,000 from mandatory
retirement accounts (ordinarily inaccessible until retirement), forecasted to cost the modal …