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Retirement Planning > Saving for Retirement > IRAs

Savings rate increases

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  • $4.5 trillion – Total assets in defined contribution plans in 2007, up from $4.1 trillion in 2006.
  • $116 billion – Average inflows into IRAs in mutual funds for 2007, up from $82 billion in 2006.
  • 90% – Percentage of IRA assets held by traditional IRAs.

Source: Investment Company Institute