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Compass
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Distributional Effects of Defined Contribution Plans and Individual Retirement Arrangements
Urban Institute July 13, 2004 By Leonard E. Burman, William G. Gale, Matthew Hall and Peter Orszag. "We find that about 70 percent of tax benefits from new contributions to defined contribution (DC) plans accrue to the highest-income 20 percent of tax filing units in 2004, and more than half go to the top 10 percent." |
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