More than Half of Current IRA Owners Were Unaware of New Roth IRA Conversion Rule Changes, Finds LIMRA
WINDSOR, Conn. Feb. 5, 2010—Fifty-four percent of current IRA owners and about three-quarters of all respondents said they didn't know about the new Roth IRA conversion rule changes, according to a January 2010 consumer survey conducted by LIMRA.
Lack of knowledge may be a major barrier to IRA saving in general and the choice of IRA type (traditional or Roth) specifically.
LIMRA Secure Retirement Institute: Only 34 Percent of Americans Are Confident in their IRA Knowledge
In November 2018, the Internal Revenue Service increased the limit on 2019 annual contributions to a traditional or Roth Individual Retirement Accounts (IRAs) from $5,500 to $6,000.
Do employers want their ex-employees’ DC plan balances to follow them out the door?
LIMRA Secure Retirement Institute: Fewer than 1 in 5 American Workers Contribute to Traditional IRAs
WINDSOR,Conn. March 19, 2014—A new LIMRA Secure Retirement Institute study finds that only 17 percent of American workers currently contribute to a traditional individual retirement account (IRA) – and only 28 percent contribute to any kind of IRA (i.e., traditional, Roth, or SEP/SIMPLE).
This MarketScan study looks at producer debt collection from companies operating in the brokerage distribution channel.
In the past two years, 22 percent of U.S. households seriously shopped for life insurance and over half of them bought. This report explores differences between buyers and nonbuyers. It also covers what buyers’ purchase, why nonbuyers didn’t buy and what could have changed their decisions.