At around 4/8/06 5:23 pm, Doug Henwood wrote:
> On Aug 4, 2006, at 5:17 PM, ravi wrote:
>
>> I am curious: what does retirement account mean here?
>
> Here's the Fed's def <http://www.federalreserve.gov/PUBS/oss/
> oss2/2004/bull0206.pdf>:
>
>> Tax-deferred retirement accounts consist of IRAs, Keogh
>> accounts, and certain employer-sponsored accounts. Employer-
>> sponsored accounts consist of 401(k), 403(b), and thrift saving
>> accounts from current or past jobs; other current job plans from which
>> loans or withdrawals can be made; and accounts from past jobs from
>> which the family expects to receive the account balance in the future.
>> This definition of employer-sponsored plans is intended to confine the
>> analysis to accounts that are portable across jobs and for which
>> families will ultimately have the option to withdraw the balance.
>
> Defined-benefit plans are excluded.
>
Ah, thanks for the details!
--ravi
--
Support something better than yourself: ;-)
PeTA: http://www.peta.org/
GreenPeace: http://www.greenpeace.org/
If you have nothing better to do: http://platosbeard.org/
