{"id":6486,"date":"2021-09-16T00:00:00","date_gmt":"2021-09-16T04:00:00","guid":{"rendered":"https:\/\/creei.ca\/working-paper-on-financial-literacy-and-tax-preferred-savings-accounts\/"},"modified":"2023-07-18T09:01:53","modified_gmt":"2023-07-18T13:01:53","slug":"working-paper-on-financial-literacy-and-tax-preferred-savings-accounts","status":"publish","type":"post","link":"https:\/\/creei.ca\/en\/working-paper-on-financial-literacy-and-tax-preferred-savings-accounts\/","title":{"rendered":"Working paper on financial literacy and tax-preferred savings accounts"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p>The CREEi working paper #21-06, \u201cFinancial Literacy and the Timing of Tax-Preferred Savings Account Withdrawals,\u201d is now available online.<\/p>\n<p>Co-authored by Marianne Laurin, Derek Messacar and Pierre-Carl Michaud (Chair co-holder), the working paper is based on Canadian data. The authors explore the link between financial literacy and tax mistakes in the use of tax-preferred savings account.<\/p>\n<p>More specifically, the authors investigate the extent to which pre-retirement savings withdrawals respond to changes in the net-of-tax benefit of withdrawing and determine that financial literacy is an important determinant of the extent to which tax-deductible savings plans are used efficiently.<\/p>\n<p><a href=\"https:\/\/creei.ca\/wp-content\/uploads\/2021\/09\/cahier_21_06_financial_literacy_timing_tax_preferred_savings_account_withdrawals.pdf\">To read the paper<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-6486","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/posts\/6486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/comments?post=6486"}],"version-history":[{"count":0,"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/posts\/6486\/revisions"}],"wp:attachment":[{"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/media?parent=6486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/categories?post=6486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/creei.ca\/en\/wp-json\/wp\/v2\/tags?post=6486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}