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To: irishjuggler
BEA’s regional economics staff estimated personal income on a pension disbursement basis for the mid-1990s.

Sounds like they're estimating personal income to better take into account pension payouts.

The items that were removed from personal income included employee contributions to pension plans (such as 401(k) contributions) that are now included in wages and salaries,

LOL!! Looks like you just proved my point. Thanks. Got anything else?

Maybe try here, EBRI, no mention of IRAs or 401Ks.

Maybe here? Table 10, 10(2) and 10(3). No mention of IRAs or 401Ks. You'd think if the BEA was adding these back in, they'd at least use a footnote.

Maybe here? Federal Reserve, PDF page 24 of 124. No mention of those accounts here either. It's not impossible that you are correct, just haven't seen any legitimate, reputable sources yet.

66 posted on 02/09/2006 7:22:20 AM PST by Toddsterpatriot (Waiting for Paul Ross to be right about anything.)
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To: Toddsterpatriot
LOL!! Looks like you just proved my point. Thanks. Got anything else?

Please do everyone a favor and enroll in a remedial reading class. Employee contributions are now included in "wages and salaries." Employer contributions are included in “employer contributions for employee pension and insurance funds." What is so difficult to understand about that?

Look at their data:
http://www.bea.gov/bea/newsrel/pinewsrelease.htm

I know the information presented is probably difficult for you to comprehend, but please stop and do your best to think for a second. If employee contributions are included in "wages and salaries" and employer contributions are included in “employer contributions for employee pension and insurance funds," and NEITHER are subtracted out in taxes or personal outlays, they MUST still be included in personal savings.
67 posted on 02/09/2006 2:26:55 PM PST by irishjuggler
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