At a Glance | September 4, 2018 Latest Findings From the EBRI IRA Database Analysis of 24.2 million accounts owned by 19.1 million individuals, with assets of $2.36 trillion at 2016 year-end. FUND SOURCES FOR TRADITIONAL AND ROTH IRA s REQUIRED MINIMUM DISTRIBUTION Withdrawals from Traditional IRAs Contributions vs. Rollovers by Individuals Aged 71+ The amount moved to IRAs through $$$$$$$$ rollovers is over $ $$$$$$$$ 16x the amount 77% 23% withdrew only withdrew an amount contributed directly the required greater than the to IRAs. minimum required minimum 23 +J+77 CONTRIBUTIONS ACCOUNT BALANCE Of Those Contributing: Accounts Receiving Contributed the Maximum Average IRA Account Balance 1 Contributions Allowable For Individuals 14% 48% $124k All IRA account types All types 6% 50% $137.7k Traditional IRA Traditional 25% 42% $40.5k Roth IRA Roth ASSET ALLOCATION IRA Account Asset Allocation Average IRA Account Balance All Account Types, Dollar Weighted by Age of Owner 10% 13% If the equity share $9.5k <25 Other Balanced of balanced funds is 2 Funds $11.1k 25–29 combined with the 11% 4 Half of IRA Money $20k equity allocation, the 30–34 assets were total equity exposure in equity 51% 15% $33k 35–39 3 of IRA owners increases Equity Bond $51.3k 13 10+J11+15++51+ 40–44 to 60% of assets. $70.8k 45–49 Distribution of Equity Allocations $94.3k All Account Types, Account Weighted 50–54 $126.1k 55–59 “Extreme” equity 27% had an 29% had an extremely high extremely low allocations have less 56% had $172.5k 60–64 equity allocation equity allocation “extreme” than 10% or more of over 90% of under 10% equity $216.5k 65–69 than 90% percent allocations 9% held 10% to in the asset category. $226.1k 17% held 60% to 70+ <50% in equity <90% in equity 29 +J27++179+18+ 18% held 50% to <60% equity 1. “Individuals” indicates that multiple accounts from the same person are combined. 2. Includes balanced funds, life cycle/style funds, and target date funds. 3. Equity includes directly held stocks, equity mutual funds, and other equity products. 4. Money includes money market mutual funds and certificate of deposits (CDs). © 2018 EBRI