Disposition of Lump-Sum Pension Distributions: Evidence from Tax Returns
About one-third of the disbursements from pension plans are in the form of lump-sum distributions. In this paper, we use tax-return data to study the incidence and disposition of lump-sum distributions. We find that most lump-sum distributions are small, and the probability of rolling a lump sum over is positively correlated with the size of the distribution. Also, although lower-income families are less likely to roll over any given-sized distribution, these families are less likely to receive significant lump sums in the first place so that nonrolled lump sums (leakage from the pension system) are not significant relative to income.
Volume (Year): 52 (1999)
Issue (Month): n. 3 (September)
|Contact details of provider:|| Postal: |
Fax: (202) 737-7308
Web page: http://www.ntanet.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ntj:journl:v:52:y:1999:i:n._3:p:593-614. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Charmaine Wright)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.