We made it through another year folks! Thank you for your readership as we put 2015 in the books. Before we don our party hats and welcome in another wonderful year of discussing Auto Rollovers and IRAs, let’s take a trip back down memory lane and review our top posts of 2015.
Topics: Investment Research
With the Fiscal Cliff, particularly as it relates to increases in tax rates, should many Americans take money out of tax-deferred investments by the end of 2012? That is the question many people, particularly those in the upper tax brackets, need to ask themselves and their financial planners.
With an almost insurmountable budget deficit and the threat of increasing almost everyone’s taxes if the “Fiscal Cliff” is not addressed, Congress is looking at all avenues to “grab” revenue. At $18.5 trillion in assets, the retirement plan marketplace looks like a tempting place to start.
IRA assets encompassed 28% of all retirement assets at of the end of the second quarter, according to a November 2012 Investment Company Institute (ICI) research report. The report also noted that assets in IRAs at the end of June 2012 totaled more than $5.1 trillion, a slight drop from $5.2 trillion at the end of the first quarter of 2012, but remain the largest single pot of retirement funds. The entire retirement marketplace was valued at $18.5 trillion.