State wage-payment laws, the Pension Protection Act of 2006, and 401(k) saving behavior

Gary V. Engelhardt

Economics Letters, 2011, vol. 113, issue 3, 237-240

Abstract: I show empirically that state wage-payment laws, which forbid deductions from wages and salaries without the written permission of the employee, constituted a binding constraint on firms’ choices to adopt automatic enrollment in 401(k) plans prior to 2006.

Keywords: Automatic enrollment; 401(k)s; Pension choice (search for similar items in EconPapers)
JEL-codes: H2 J26 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:113:y:2011:i:3:p:237-240

DOI: 10.1016/j.econlet.2011.07.009

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