CST:01/10/2016 03:39:57   

3 Reasons Why You Should Consider an IRA

205 Days ago

(NewsUSA)"The Role of IRAs in U.S. Households' Saving for Retirement, 2015" published by the Investment Company Institute (ICI). Other research from ICI shows that Americans have $7.3 trillion invested in these accounts. But IRAs are only one piece of our multilayered retirement savings system. When IRA assets are combined with all other assets earmarked for retirement, Americans have set aside $23.5 trillion. The various pieces of the entire system -- including IRAs, employer-provided defined benefit and defined contribution plans, personal savings, and Social Security -- are working well for millions of workers. In fact, successive generations of near-retirees have reached retirement with higher wealth than the previous generation. To learn more about IRAs and the strength of America's retirement system, please visit www.ici.org/retirement.

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