000			01409nab#a2200241#c#4500
003			IEF
005			20180219161859.0
008			170404s2017 USA|| #####0 b|ENG|u
040			_aIEF
041			_aENG
245			_aBorrowing from the future ? _b 401(K) plan loans and loans defaults _c Timothy ( Jun ) Lu ... [et al.]
260			_c2017
500			_aDisponible también en línea a través de la Biblioteca del Instituto de Estudios Fiscales. Resumen. Conclusión. Bibliografía.
650		4	_aPLANES DE PENSIONES _948022
650		4	_aFONDOS DE PENSIONES _944403
650		4	_aIMPUESTOS _947460
520			_aMost employers permit 401 (k) plan participants to borrow from their retirement plan assets. Using an administrative dataset tracking over 800 plans fo r five years, we show that 20 percent o f workers borrow at any given time, and almost 40 percent borrow at some point overfive years. Also, workers borrow more when a plan permitsmultiple loans. Ninety percent o f loans are repaid,but 86 percent o f workers who change jobs with a loan default on the outstanding balance. We estimate that $5 billion per year in defaulted plan loans generate federal revenues of l billion annually, more than previously thought.
700	1		_aLu, Timothy Jun _965267
773	0		_tNational tax journal _w86491 _gv. 70, n. 1, March 2017, p. 77-110
942			_cART
942			_z147670
999			_c68589 _d68589