IRAs Content

Individual retirement accounts (IRAs) represent the largest share of assets in the US retirement market; forty-five percent of this total is held in mutual funds. Last year, IRA mutual fund investors paid average expense ratios similar to those paid by all mutual fund investors (i.e...

Managing your finances is serious business, so people may not often associate “fund” with “fun.” But that’s all right, because investors associate funds with something more important—achieving their financial goals. Mutual funds offer diversified, cost-effective investment management...

With $12.2 trillion in assets, individual retirement accounts (IRAs) represent more than one-third of total US retirement market assets and more than one-tenth of all US household financial assets.

Frequently Asked Questions About Individual Retirement Accounts (IRAs) What are IRAs? In 1974, the Employee Retirement Income Security Act (ERISA) created individual retirement accounts (IRAs). Congress initially designed IRAs to have two roles: (1) to give individuals not covered by...

Financial literacy will equip you with money skills. Good money habits and skills will lead you to greater financial well-being—and help you achieve things such as education, home ownership, and a comfortable retirement. And those will last a lot longer than May flowers.