How much of domestic stock mutual fund assets are held in retirement vehicles?
Nearly half (47.5 percent) of domestic stock mutual fund assets are held in retirement vehicles-such as 401(k) plans and individual retirement accounts. Such holdings are long-term in nature. Over the past two decades, the growth of IRAs and defined contribution plans has given U.S. households considerably more control over the portfolio allocation of their retirement assets. At the same time, mutual funds have become an increasingly important component of households’ retirement accounts. Research indicates that most shareholders are unlikely to trade frequently or redeem fund shares precipitously.
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