IDEAS home Printed from
   My bibliography  Save this paper

Understanding 401(k) plans


  • Ramon P. DeGennaro
  • Deborah L. Murphy


Questions about the future of the Social Security system continue to surface. As a result, interest in employer-sponsored retirement plans and other retirement investment options increases. But the restrictions and rules associated with various defined benefit plans such as 401(k), 403 (b), and 457 plans can be confusing, and these plans have risks of their own. The authors explore these plans and explain the need to view retirement savings as only one part of a portfolio.

Suggested Citation

  • Ramon P. DeGennaro & Deborah L. Murphy, 2004. "Understanding 401(k) plans," FRB Atlanta Working Paper 2004-21, Federal Reserve Bank of Atlanta.
  • Handle: RePEc:fip:fedawp:2004-21

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Jagadeesh Gokhale & David E. Altig, 1997. "Social Security privatization: a simple proposal," Working Papers (Old Series) 9703, Federal Reserve Bank of Cleveland, revised 1997.
    2. James B. Thomson & Ramon P. DeGennaro, 1992. "Capital forbearance and thrifts: an ex post examination of regulatory gambling," Working Papers (Old Series) 9209, Federal Reserve Bank of Cleveland, revised 1992.
    3. Ramon P. DeGennaro, 2003. "Asset allocation and section 529 plans," FRB Atlanta Working Paper 2003-1, Federal Reserve Bank of Atlanta.
    4. Gunthorpe, Deborah & Levy, Azriel, 1996. "Optimal Growth Portfolios Reconciling Theory and Practice," Review of Quantitative Finance and Accounting, Springer, vol. 7(2), pages 177-186, September.
    Full references (including those not matched with items on IDEAS)

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedawp:2004-21. 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: (Elaine Clokey). General contact details of provider: .

    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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.