论文标题
在同期大流行期间的退休储蓄变化
Changes in Retirement Savings During the COVID Pandemic
论文作者
论文摘要
本文记录了在COVID-19大流行病开始时退休储蓄模式的变化。我们构建了大量的美国税收数据，包括数千万人年的观察，并衡量退休储蓄捐款和提款。我们使用这些数据来记录大流行期间大流行或大衰退之前的大流行期间的几个重要变化。首先，与大衰退期间不同，对退休储蓄车辆的贡献并没有有意义地下降。其次，在暂停所需的最低分配规则的驱动下，IRA在2020年对72岁以上的人的撤回大幅下降。第三，可能是由于早期撤回罚款的部分停赛而驱动，雇主计划的提款增加了60岁以下的人。
This paper documents changes in retirement saving patterns at the onset of the COVID-19 pandemic. We construct a large panel of U.S. tax data, including tens of millions of person-year observations, and measure retirement savings contributions and withdrawals. We use these data to document several important changes in retirement savings patterns during the pandemic relative to the years preceding the pandemic or the Great Recession. First, unlike during the Great Recession, contributions to retirement savings vehicles did not meaningfully decline. Second, driven by the suspension of required minimum distribution rules, IRA withdrawals substantially declined in 2020 for those older than age 72. Third, potentially driven by partial suspension of the early withdrawal penalty, employer-plan withdrawals increased for those under age 60.
