401(k) Plans: Incidence, Provisions, and Benefits
PEMD-88-15BR
Published: Mar 29, 1988. Publicly Released: Apr 29, 1988.
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Highlights
In response to a congressional request, GAO provided information on employer-sponsored retirement savings plans as provided for under section 401(k) of the Internal Revenue Code, specifically the: (1) incidence of 401(k) plans and their relationships to other plans; (2) variations in plan provisions and experiences across firms; (3) extent to which plans benefit employees at various salary levels; and (4) anticipated effects of the Tax Reform Act of 1986 on 401(k) plans.
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