Answers are grounded in this paper and cite their sources.
Explores the evidence on how tax-favored savings accounts affect national saving. Looked at in terms of the traditional life-cycle model of savings, such accounts would not be expected to increase national savings; because of the limitation on annual contributions, the tax incentive might well reduce personal savings.
No takes yet. Share an insight, caveat, or question.
Burman et al. (1990) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: