The Case for Using Subsidies for Retirement Plans to Fix Social Security

* Andrew G. Biggs is a senior fellow at the American Enterprise Institute. Alicia H. Munnell is director of the Center for Retirement Research at Boston College and the Peter F. Drucker Professor of Management Sciences at Boston College’s Carroll School of Management. The authors thank Michael Wicklein, who coauthored the paper on which this brief is based. They also wish to thank Arush Gupta for excellent research assistance and Dan Halperin, Ithai Lurie, and Eric Toder for helpful comments.