Restricting access to savings is a fundamental principle behind retirement (401(k) and IRA) and education (529 plans) savings policies in the United States, which effectively increases total savings.

Authors

• Person: Not available Organization: JPMorgan Chase Institute
  Building financial security and resilience to unexpected expenses

Sources

• Building financial security and resilience to unexpected expenses www.jpmorganchase.com JPMorgan Chase Institute via serper

Referenced by nodes (2)

• Plan A concept
• U.S. location