Retirement account owners make similar asset allocations in stocks and interest-earning assets whether investing in IRAs or 401(k)-type plans, a new study finds.
The study by the Employee Benefits Research Institute, Washington, did find some differences among the 2 kinds of accounts, however, depending on such factors as income and educational levels of the plan owners.
Overall, 29% of owners of IRAs invested entirely in stock-based investments, while 23.9% invested in all interest-earning assets, EBRI found. The remaining 47.1% mixed their investments.
Among 401(k) plan participants, 29.1% invested in all stocks, while 21.3% invested in all interest-earning assets and 49.6% invested in mixed assets.