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Understanding The Impact of Employer Matching on 401(k) Saving

This article summarizes current research on the impact of employer matching on 401(k) saving. In particular, the authors outline the reasons why this impact is difficult to identify and describe their research with the Health and Retirement Study. They find greater diversity in matching provisions compared with previous studies and exploit this diversity in their statistical analyses which reveals that employer matching significantly raises 401(k) saving. The implications of this research for policy are also discussed in this article.

Research Dialogue
 
The 5% Guaranteed Minimum Withdrawal Benefit: Paying Something for Nothing?
Benny Goodman
TIAA-CREF
Seth Tanenbaum
TIAA-CREF
April 2008 | Issue #89
 
The Reshaping of America's Academic Workforce
David W. Leslie, TIAA-CREF Institute Fellow,
The College of William and Mary
March 2007 | Issue #87
 
Faculty Recruitment and Retention: Concerns of Early and Mid-Career Faculty
Carroll-Ann Trotman, University of North Carolina, Chapel Hill
Betsy E. Brown, University of North Carolina
December 2005 | Issue #86
 
Maximizing Long-term Wealth Accumulation: It's Not Just About "What" Investments To Make, But Also "Where" To Make Them
Robert M. Dammon, Carnegie Mellon University
James Poterba, Massachusetts Institute of Technology
Chester S. Spatt, Carnegie Mellon University
Harold H. Zhang, University of Texas at Dallas
October 2005 | Issue #85
 
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