Wednesday, May 14, 2008

 

Retirement Assets Rise, Led by IRAs and 401(k) Plans

Americans' retirement assets rose 6.7%, to $17.6 trillion, last year despite tumultuous market conditions.

According to the Investment Company Institute, the strongest growth occurred in individual retirement accounts and employer-sponsored defined contribution plans, including 401(k)s.

Retirement Assets Rise, Led by IRAs and 401(k) Plans
Source: Financial-Planning.com

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