Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Tapped Out? Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, September 18, 2002

Tapped Out?

by: Sean Hanna, Editor in Chief

Not only has stock market appreciation stalled asset growth in funds, but new data shows a paucity of new accountholders as well. The number of U.S. householders with IRA accounts has stayed steady during the past year, according to data collected by the Investment Company Institute.

All together, 42 million households (39 percent of the total) own at least one IRA account. The bulk of those accounts (34.8 million) are traditional IRAs and 12.9 million are Roth IRAs. Just 8.3 million accounts are employer sponsored.

The one area of growth is in households opening additional accounts. The number of households with more than one IRA jumped 7.2 percent from May of 2001 to May of this year. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use