• Steve Martin

Where Does the Money Go in IRAs?

Where does the money go in individual retirement accounts?

It’s a salient question asked and answered by the Employee Benefit Research Institute in its latest analysis of the savings plans.

EBRI finds that most of the new contributions go into Roth IRAs, but most of the assets are held in traditional IRAs, where the money originated from a rollover from other tax-qualified retirement plans (such as 401(k) plans) and not from new contributions.

via Where Does the Money Go in IRAs?.

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