The IRA Investor Profile: Traditional IRA Investors’ Activity, 2007–2015
ICI RESEARCH REPORT The IRA Investor Profile: Traditional IRA Investors’ Activity, 2007–2015 JUNE 2017 The IRA Investor Database™ The Investment Company Institute maintains an account-level database with nearly 17 million individual retirement account (IRA) investors. The aim of this database is to increase public understanding of this important segment of the US retirement market by expanding on the existing household surveys and Internal Revenue Service (IRS) tax data on IRA investors. By tapping account-level records, research drawn from the database can provide important insights into IRA investor demographics, activities, and asset allocation decisions. The database is designed to shed light on key determinants of IRA contribution, conversion, rollover, and withdrawal activity, and the types of assets that investors hold in these accounts. The Investment Company Institute (ICI) is the leading association representing funds globally, including mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts (UITs) in the United States, and similar funds offered to investors in jurisdictions worldwide. ICI seeks to encourage adherence to high ethical standards, promote public understanding, and otherwise advance the interests of funds, their shareholders, directors, and advisers. Suggested citation: Holden, Sarah, and Steven Bass. 2017. “The IRA Investor Profile: Traditional IRA Investors’ Activity, 2007–2015.” ICI Research Report (June). Available at www.ici.org/pdf/ rpt_17_ira_traditional.pdf. Copyright © 2017 by the Investment Company Institute. All rights reserved. The IRA Investor Profile: Traditional IRA Investors’ Activity, 2007–2015 Contents Executive Summary . .1 Traditional IRA Investors Had Only a Modest Reaction to Financial Stresses . .1 Snapshot of Traditional IRA Investors at Year-End 2015 Provides Additional Insight into Traditional IRA Investors’ Activities .
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