Proposal to Establish Guaranteed Retirement Accounts (August 2017)

Tax Model Analysis

August 23, 2017

These tables show the revenue and distribution effects of a proposal to establish guaranteed retirement accounts, financed by reduced limits on current law contributions to defined contribution retirement saving plans.

Simulation Run August 23, 2017

T17-0195 - Net Revenue Effects of Guaranteed Retirement Account with $600 Credit, Baseline: Current Law, Impact on Tax Revenue, 2018-27

T17-0196 - Net Revenue Effects of Guaranteed Retirement Account with $207 Credit, Baseline: Current Law, Impact on Tax Revenue, 2018-27

T17-0197 - Guaranteed Retirement Account with $600 Credit (Present-Value Approach), Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Level, 2018

T17-0198 - Guaranteed Retirement Account with $600 Credit (Present-Value Approach), Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2018

T17-0199 - Guaranteed Retirement Account with $207 Credit (Present-Value Approach), Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Level, 2018

T17-0200 - Guaranteed Retirement Account with $207 Credit (Present-Value Approach), Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2018