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Burton Malkiel Talks About Efficient Markets
In this video sponsored by Vanguard, Burton Malkiel, Princeton professor and author of "A Random Walk Down Wall Street," talks with RIJ editor Kerry Pechter about what "efficient market" means to him. The 10th edition of "A Random Walk" has just been published.
Industry Views are special reports that are sponsored and independent from RIJ's editorial content.
November 23, 2011, 401(k)/IRA, Research, News
High and low earners benefit from 401(k) plans differently
Looking closely at retirement data, researchers discover that the interplay of taxes, Social Security benefits, tax benefits, and take-home pay can be complex--and can vary considerably from worker to worker.
Authors of a new study from the Center for Retirement Research at Boston College take issue with the politically-charged conventional wisdom that 401(k)s and similar tax-deferred employer-sponsored retirement savings plans benefit highly-paid workers much more than lower-paid workers.
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