Could the saver's credit enhance state coverage initiatives?

Munnell, Alicia Haydock, and Anqi Chen. Could the saver's credit enhance state coverage initiatives?. Issue in Brief 16-7, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, April 2016. http://hdl.handle.net/2345/bc-ir:106727.
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Abstract

The brief's key findings are: (1) States are introducing initiatives to provide retirement plan coverage to private sector workers who lack it. (2) These initiatives could be supplemented by the Saver’s Credit, a federal tax incentive for low- and moderate-income savers. (3) The existing Saver's Credit is limited and not refundable, but proposed legislation would extend the Credit and make it refundable. (4) Our analysis shows that the proposed Credit could considerably enhance state efforts by encouraging participation and savings.

Title
Could the saver's credit enhance state coverage initiatives?
Author
Munnell, Alicia Haydock
Chen, Anqi
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
April 2016
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
16-7
Persistent Link
http://hdl.handle.net/2345/bc-ir:106727
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Financing retirement

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