Should the Government be Paying Investment Fees on $3 Trillion of Tax-Deferred Retirement Assets?
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Under standard assumptions, both individuals and the government are indifferent between traditional tax-deferred retirement accounts and front-loaded (Roth) accounts. When we add investment fees to this benchmark, individuals are still indifferent but the government is not. We estimate that tax
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美国国家经济研究局创建时间：
2020-01-01
