In this study, we conduct a stated-choice experiment to analyze the decision to contribute to either a front- or back-loaded tax-preferred retirement savings account. Our experimental design includes a randomized financial education intervention that provides information on the tax implications of both types of account. Respondents who were exposed to the intervention have greater knowledge of these accounts and make contribution choices that increase their after-tax income. Using a well-defined benchmark, we show that on average, respondents who experienced the intervention increase their discounted welfare by about 4% of their contribution amount.

中文翻译：

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税收优惠储蓄工具：金融教育能否改善资产定位决策？

在这项研究中，我们进行了一项既定选择实验，以分析为前置或后置税收优惠退休储蓄账户供款的决定。我们的实验设计包括随机金融教育干预，提供有关两种类型账户的税收影响的信息。接受干预的受访者对这些账户有更多的了解，并做出了增加税后收入的供款选择。使用定义明确的基准，我们表明，平均而言，经历过干预的受访者将他们的贴现福利提高了大约 4% 的贡献金额。