Tax Incentive Policy on U.S. Pension System and Reform Proposals

Abstract

This article mainly introduces the tax incentives of the U.S. pension system and proposes suggestions on its further reform. In terms of corporate pension tax incentive, we introduce the general course of development and the main role of tax incentives. We then analyze two operating modes of corporate annuity. Finally, we provide proposals on the reform of pension system utilizing the tax incentives.