401(k) Plans and Retirement Savings: Issues for Congress

Purcell, Patrick ; Topoleski, John J.

Library of Congress. Congressional Research Service.

关键词: Aged;    Labor;    Retirement;    Pensions;    Defined contribution plans;   

RP-ID  :  R40707
RP-ID  :  R40707_2009Jul14

美国|英语

来源: UNT Digital Library

【 摘 要 】

Over the past 25 years, defined contribution (DC) plans - including 401(k) plans - have becomethe most prevalent form of employer-sponsored retirement plan in the United States. This report describes seven major policy issues with respect to defined contribution plans: 1) access to employer-sponsored retirement plans; 2) participation in employer-sponsored plans; 3) contribution rates; 4) investment choices; 5) fee disclosure; 6) leakage from retirement savings; and 7) converting retirement savings into income.