IX. Results
Over two decades in the past, Nobel Honor champ Franco Modigliani patented a strategy for giving 401(k) handmade cards with the aim of making it more convenient for professionals so you’re able to withdraw from their later years profile to cover quick-term consumption demands (Vise, 2004). S. defined share arrangements. DC old-age accounts symbolizing an increasing small fraction of us domestic money are increasingly being used by professionals to help you both funds old-many years old age safety, and help security latest usage means.