Retirement Plan Participation in an Era of Change
The Case of a Rural Region
Bibliographic Data
| ID | 2281572 |
|---|---|
| Authors | Elizabeth Ann Whitaker (Michigan State University), Janet L Bokemeier (Michigan State University), Scott Loveridge (0000-0002-0665-350X) |
| Year | 2011 |
| Volume | 76 |
| Issue | 3 |
| Pages | 319-346 |
| Publication date | 2011-09-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Rural Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0036-0112 • E-ISSN: 1549-0831 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1549-0831.2011.00053.x |
| OpenAlex | W1514622675 |
| Language | EN |
| References cited | 31 |
Individual savings are critical for retirement as government and employer-based provisions fade or become less secure. Rural communities are vulnerable given their higher proportion of elderly and more who rely on Social Security. Using a telephone survey of working-age residents in Michigan's rural Upper Peninsula, this research investigates factors associated with participation in tax-advantaged retirement plans that have largely replaced defined-benefit pension plans for earmarked retirement savings. The project also identifies factors predictive of making maximum contributions to those retirement plans. We consider several distinct categories of variables to reflect the social embeddedness of economic action. In addition, the research included community variables describing aspects of respondents' social context, a new component of the savings discourse, which we show to be significantly related to saving outside a tax-advantaged retirement plan and making maximum contributions to a tax-advantaged retirement plan
Business · Context (archaeology · Demographic economics · Economic growth · Economics · Embeddedness · Geography · Government (linguistics · Labour economics · Pension · Plan (archaeology · Social security · Sociology · Finance · Gender, Labor, and Family Dynamics · Health disparities and outcomes · Retirement, Disability, and Employment
The Concept of Family Adaptive Strategies
Women and Men at Work
Are Women More Risk Averse?
Theory of the Consumption Function
The Sociology of Economic Life
Pension Decisions in a Changing Economy
Psychological, social and economic determinants of saving
An expectational view of consumer spending prospects
A Household Level Study of the Determinants of Incomes and Consumption
Consequences of Reducing Nonresponse in a National Telephone Survey
Nonresponse Rates and Nonresponse Bias in Household Surveys
Asset Building in Rural Communities
New Risks for Workers
Saving Performance in Individual Development Accounts
Does Marital History Matter? Marital Status and Wealth Outcomes Among Preretirement Adults
Perspectives on Regional and Enterprise Marginality
Mining the Data
| Highly cited | No |
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