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Report: Mutual Funds and the U.S. Retirement Market in 2004 (PDF)
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Aug. 19, 2005 8 pages. Excerpt: Americans' tax-advantaged retirement savings have grown substantially in the past two decades, reaching a record $12.9 trillion at year-end 2004, and retirement savers often turn to mutual funds to manage their assets. By year-end 2004, mutual funds managed $3.1 trillion through individual retirement accounts (IRAs) and employer-sponsored defined contribution plans ... and about 60 percent of the $210 billion[.] MORE >> |
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