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10/25/2006: DC Plans, Defined Benefit Plans, and the Accumulation of Retirement Wealth (National Bureau of Economic Research [NBER])
Excerpt: This paper simulates the distribution of retirement wealth, as well as the average level of such wealth, under representative DB and DC plans. The analysis considers the role of asset returns, earnings histories, and retirement plan characteristics using data from the Health and Retirement Study (HRS).
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