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Estimating Leakage from Retirement Savings Accounts
Joint Committee on Taxation [JCT], U.S. Congress Apr. 27, 2021 "[This document] reports estimates of leakage among working-age individuals and analyzes the extent to which certain common life events contribute to leakage. The staff estimates that roughly 22 percent of net contributions made by those 50 or younger leaks out of the retirement savings system in a given year and finds that the most prominent factor associated with leakage from retirement accounts is job separation." |
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