TITLE

Individual Retirement Plan Ownership Trending Down as Assets Climb

AUTHOR(S)
Cohn, Michael
PUB. DATE
November 2014
SOURCE
Financial-planning.com;11/25/2014, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that share of U.S. families with a single account retirement plan dropped yet assets covered by the plan grew, as stated by an Employee Benefit Research Institute study. Topics discussed include the study showing the reduction of individual account pension plans among families to 48.2 percent in 2013, average value growth of each pension plan to 59,000 dollars in 2013, and percentage of family leaders seeking pension plans increased to 78.7 percent in 2013.
ACCESSION #
99659061

 

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