Tag: traditional ira
![Working together on their budget](https://crr.bc.edu/wp-content/uploads/2022/11/financing_retirement_5-1536x988.jpg)
The brief’s key findings are: The Federal Reserve’s 2016 Survey of Consumer Finances offers an opportunity to examine households’ holdings in 401(k)s and IRAs. For working households nearing retirement with a 401(k), median combined 401(k)/IRA balances rose from $111,000 in 2013 to $135,000 in 2016. While growing balances are encouraging, $135,000 provides only $600 per…