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Put it in the bank for a savings account.
The group offered the commitment savings account displayed higher rates of savings.
Empirical analysis reveals people who are time inconsistent, or displaying hyperbolic discount preferences, are most likely to take up the commitment savings account.
The authors test whether people who practice hyperbolic discounting know their tendencies and will be more likely to open such a commitment savings account.
They should start saving when they start working, put so much into a savings account every month.
Covered individuals contribute about 2% of their salary to the medical savings account.
The interest paid (or charged) on a savings account (or a loan) can be simple or compound.
At t=0, the agent starts work and saves a constant fraction, s, of his pre-tax paycheck, w(t), in a retirement savings account.
Although the gains seem modest in the present, they accumulate like a savings account with compound interest over time.
Individuals in our model can place savings in either a taxsheltered 401(k) plan or a conventional savings account.
The authors give people the option to invest in a commitment savings instrument designed so people invest in a savings account with limited opportunities to withdraw funds.
We have, of course, introduced specific proposals such as the individual savings account.
She has made a series of suggestions about what may be done in two years through the individual savings account.
As the document stated, it is not a welfare entitlement but merely a savings account.
Whether the new product is called a lifelong individual savings account, and whether "pension"is substituted for"lifelong", at its heart is the real problem.
