The purpose of this study by Karen Holden and Sara Kock is to better understand the sources of observed gender disparities in Wisconsin Deferred Compensation (WDC) Program account balances. The WDC is a supplemental tax-deferred voluntary retirement savings plan offered to individuals holding jobs covered by Wisconsin’s public pension system. Download Paper Download Brief Because … Continue reading Increasing Retirement Savings by Working Women: Understanding Gender Disparities in Wisconsin Deferred Compensation Program Account Balances
Working Papers
Early-Life Schooling and Cognition and Late-Life Financial Literacy in the Wisconsin Longitudinal Study
This paper by Pamela Herd, Karen Holden, and Yung-ting Su focuses on the relationship between cognitive functioning in early and late life and older adults’ ability to effectively manage their finances. Download Brief The results of this study demonstrate the problems that older adults face today, and that younger cohorts will face to an even greater … Continue reading Early-Life Schooling and Cognition and Late-Life Financial Literacy in the Wisconsin Longitudinal Study
Online Financial Education for Employees: A Randomized Experiment
Because financial products are becoming more complex, and individuals are increasingly responsible for their own financial security, the lack of basic financial knowledge at the individual level raises serious concerns about individuals’ capacity to manage their finances. J. Michael Collins explores the effect of online financial education on public school employees. Download Paper Download Brief … Continue reading Online Financial Education for Employees: A Randomized Experiment
University of Wisconsin-Madison Center for Financial Security 