Tag: retirement savings
Individual Retirement Accounts (IRAs), which hold over half of total private retirement assets, were introduced as a way for workers without an employer-sponsored plan to save for retirement in a tax-advantaged account. Instead, they have been primarily used as a vehicle for rollovers from employer-sponsored plans, with direct contributions…
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story. When trying to figure out people’s taste for risk by looking at the share of equities in their financial portfolio, I was wondering in a world of 401(k)s about…
