Randall & Hurley, Inc.
EPIC Retirement Plan Services
Loren D. Stark Company
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|The Role of IRAs in Us Households' Saving for Retirement, 2020 (PDF)|
Investment Company Institute [ICI]
Jan. 12, 2021
"In mid-2020, 37 percent of US households owned individual retirement accounts (IRAs).... In mid-2020, nearly 29 percent of US households owned traditional IRAs.... In mid-2020, about six in 10 traditional IRA-owning households indicated that their IRAs contained rollovers from employer-sponsored retirement plans.... The three most common primary reasons for rolling over were not wanting to leave assets behind at the former employer, wanting to preserve the tax treatment of the savings, and wanting to consolidate assets[.]"
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