Please use this identifier to cite or link to this item:
https://doi.org/10.21256/zhaw-26966
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Bütler, Monika | - |
dc.contributor.author | Ramsden, Alma | - |
dc.date.accessioned | 2023-02-15T16:02:34Z | - |
dc.date.available | 2023-02-15T16:02:34Z | - |
dc.date.issued | 2022 | - |
dc.identifier.issn | 1474-7472 | de_CH |
dc.identifier.issn | 1475-3022 | de_CH |
dc.identifier.uri | https://digitalcollection.zhaw.ch/handle/11475/26966 | - |
dc.description | Erworben im Rahmen der Schweizer Nationallizenzen (http://www.nationallizenzen.ch) | de_CH |
dc.description.abstract | We analyze how taxes affect the choice between a life-long annuity and a one-off lump sum payment, the so-called annuitization decision. Using administrative data from a large Swiss pension fund, we impute taxes for the lump sum and the life-long annuity option. We show that taxes can explain a significant part of the variation in annuity rates. Exploiting kinks in the tax schedule of the one-off lump sum, we further find evidence for tax optimization strategies. Our findings suggest that individuals react strongly to tax incentives when making retirement choices. | de_CH |
dc.language.iso | en | de_CH |
dc.publisher | Cambridge University Press | de_CH |
dc.relation.ispartof | Journal of Pension Economics & Finance | de_CH |
dc.rights | http://creativecommons.org/licenses/by/4.0/ | de_CH |
dc.subject | Annuity puzzle | de_CH |
dc.subject | Occupational pension | de_CH |
dc.subject | Taxation | de_CH |
dc.subject.ddc | 330: Wirtschaft | de_CH |
dc.title | How taxes impact the choice between an annuity and the lump sum at retirement | de_CH |
dc.type | Beitrag in wissenschaftlicher Zeitschrift | de_CH |
dcterms.type | Text | de_CH |
zhaw.departement | School of Management and Law | de_CH |
zhaw.organisationalunit | Institut für Verwaltungs-Management (IVM) | de_CH |
dc.identifier.doi | 10.1017/S1474747222000178 | de_CH |
dc.identifier.doi | 10.21256/zhaw-26966 | - |
zhaw.funding.eu | No | de_CH |
zhaw.issue | 1 | de_CH |
zhaw.originated.zhaw | Yes | de_CH |
zhaw.pages.end | 29 | de_CH |
zhaw.pages.start | 1 | de_CH |
zhaw.publication.status | publishedVersion | de_CH |
zhaw.volume | 23 | de_CH |
zhaw.publication.review | Peer review (Publikation) | de_CH |
zhaw.webfeed | W: Spitzenpublikation | de_CH |
zhaw.author.additional | No | de_CH |
zhaw.display.portrait | Yes | de_CH |
Appears in collections: | Publikationen School of Management and Law |
Files in This Item:
File | Description | Size | Format | |
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2022_Buetler-Ramsden_How-taxes-impact-the-choice-between-annuity-and-lump-sum-at-retirement.pdf | 1.02 MB | Adobe PDF | View/Open |
Show simple item record
Bütler, M., & Ramsden, A. (2022). How taxes impact the choice between an annuity and the lump sum at retirement. Journal of Pension Economics & Finance, 23(1), 1–29. https://doi.org/10.1017/S1474747222000178
Bütler, M. and Ramsden, A. (2022) ‘How taxes impact the choice between an annuity and the lump sum at retirement’, Journal of Pension Economics & Finance, 23(1), pp. 1–29. Available at: https://doi.org/10.1017/S1474747222000178.
M. Bütler and A. Ramsden, “How taxes impact the choice between an annuity and the lump sum at retirement,” Journal of Pension Economics & Finance, vol. 23, no. 1, pp. 1–29, 2022, doi: 10.1017/S1474747222000178.
BÜTLER, Monika und Alma RAMSDEN, 2022. How taxes impact the choice between an annuity and the lump sum at retirement. Journal of Pension Economics & Finance. 2022. Bd. 23, Nr. 1, S. 1–29. DOI 10.1017/S1474747222000178
Bütler, Monika, and Alma Ramsden. 2022. “How Taxes Impact the Choice between an Annuity and the Lump Sum at Retirement.” Journal of Pension Economics & Finance 23 (1): 1–29. https://doi.org/10.1017/S1474747222000178.
Bütler, Monika, and Alma Ramsden. “How Taxes Impact the Choice between an Annuity and the Lump Sum at Retirement.” Journal of Pension Economics & Finance, vol. 23, no. 1, 2022, pp. 1–29, https://doi.org/10.1017/S1474747222000178.
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