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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (58459)5/4/1999 10:52:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Mike, I am not sure 401Ks are a bigger % of incomes than pension plans were. They were major, dude. The IRA plans started whittling them down.



To: Mike M2 who wrote (58459)5/4/1999 11:33:00 AM
From: Freedom Fighter  Read Replies (2) | Respond to of 132070
 
Mike,

>>When companies " saved" for employee pensions this was not included in the savings rate calculation - now that corporations have switched to 401ks this money is not included in the savings rate but the treatment seems consistent.<<

Are we sure that this money is not included in the savings rate?

There are two measures of savings. Perhaps it is captured in the second version which is an asset accumulation/debt accumulation measure.

Wayne



To: Mike M2 who wrote (58459)5/4/1999 12:46:00 PM
From: IceShark  Read Replies (2) | Respond to of 132070
 
Mike, are you sure that the employee contribution of a 401k is not in the personal income measurement, as well as any IRA contribution? If you could point out something that specifies this I would appreciate it. My guess is that they are since they are part of total direct and measurable compensation.


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