Tax-Preferred Savings Vehicles: Can Financial Education Improve Asset Location Decisions?

We thank Alain d'Astous, Morten Lau, Steve Marchand, Jimmy Martinez-Correa, Derek Messacar, and Lanny Zrill for comments and suggestions. We also thank seminar participants at the 2019 Center for Financial Planning Colloquium, the 2019 Canadian Economics Association Meetings, the 2019 meeting of the Société canadienne de science économique, the 2019 CEAR Administrative Records and Experiments Workshop, the 2019 Cherry Blossom Financial Literacy Workshop, ETEPP-Aussois, the 2019 HMS Colloquium, the University of Hamburg, the University of St. Gallen, the University of Iowa, Florida State University, l'Université d'Ottawa, and LISER (Luxembourg). We thank David Boisclair for leading the development of the survey instrument and Aurélie Côté-Sergent for research assistance. We acknowledge support from the Retirement and Saving Institute at HEC Montréal for funding the experiment. M.B. further acknowledges funding from the Social Sciences and Humanities Research Council of Canada (grant 435-2018-1536). Correspondence can be sent to any author by email at [email protected]. All authors solemnly affirm having no known conflict of interest with this research nor its results.

A supplemental appendix is available online at https://doi.org/10.1162/rest_a_00973.