Simplifying Choices in Defined Contribution Retirement Plan Design
---- Acknowledgments ----
Research support for the analysis herein was provided by the TIAA-CREF Institute and by the Pension Research Council/Boettner Center at The Wharton School of the University of Pennsylvania. We are grateful for expert programming assistance from Louis Yang and Yong Yu, and for suggestions from Todd Gormley, Alex Michaelides, Jonathan Reuter, and participants at the Insight Summit of the AQR Institute at the London Business School. Opinions and conclusions expressed herein are solely those of the authors and do not represent the opinions or policy of the TIAA-CREF Institute, the National Bureau of Economic Research, or any institution with which the authors are affiliated. This research is part of the NBER program on Aging and workshop on Household Finance.
---- Disclosure of Financial Relationships for Olivia S. Mitchell ----
Mitchell serves as an Independent Trustee for the Wells Fargo Advantage Funds and has received more than $10,000 from the TIAA-CREF Institute for research on retirement security.