IRA MARKET SHARES BY HOLDER, 2004-2008
($ billions, market share, end of year)
| Commercial banking |
$168.0 |
$175.3 |
$202.0 |
$210.7 |
$248.1 |
| Saving institutions |
53.7 |
53.8 |
57.6 |
71.2 |
77.9 |
| Credit unions |
47.7 |
49.3 |
53.2 |
58.2 |
65.5 |
| Life insurance companies |
347.0 |
381.0 |
406.0 |
424.0 |
367.0 |
| Money market mutual funds |
148.0 |
157.0 |
189.0 |
222.0 |
271.0 |
| Mutual funds |
1,307.0 |
1,470.0 |
1,751.0 |
1,983.0 |
1,261.0 |
| Other self-directed accounts |
1,227.7 |
1,365.6 |
1,561.2 |
1,777.9 |
1,322.5 |
| Total |
$3,299.0 |
$3,652.0 |
$4,220.0 |
$4,747.0 |
$3,613.0 |
|
Source: Board of Governors of the Federal Reserve System, June 11, 2009.
IRAs BY HOLDER, 2005-2009
($ billions, market value, end of year)
| Commercial banking (1) |
$175.3 |
$202.0 |
$210.7 |
$248.1 |
$275.5 |
| Savings institutions (1) |
53.8 |
57.6 |
71.2 |
77.9 |
81.2 |
| Credit unions (1) |
49.3 |
53.2 |
58.2 |
65.5 |
74.2 |
| Life insurance companies |
381.0 |
406.0 |
424.2 |
376.8 |
388.0 |
| Money market mutual funds (2) |
141.0 |
175.0 |
219.0 |
265.0 |
226.0 |
| Mutual funds (2) |
1,474.0 |
1,752.0 |
1,971.0 |
1,253.0 |
1,641.0 |
| Other self-directed accounts |
1,377.6 |
1,561.2 |
1,829.7 |
1,292.7 |
1,544.1 |
| Total |
$3,652.0 |
$4,207.0 |
$4,784.0 |
$3,579.0 |
$4,230.0 |
|
(1) Includes Keogh accounts.
(2) Excludes variable annuities.
Source: Board of Governors of the Federal Reserve System, June 10, 2010.
IRAS BY HOLDER, 2006-2010
($ billions, market value, end of year)
| Commercial banking (1) |
$202.0 |
$210.7 |
$248.1 |
$275.5 |
$296.5 |
| Saving institutions (1) |
57.6 |
71.2 |
77.9 |
81.2 |
86.8 |
| Credit unions (1) |
53.2 |
58.2 |
65.5 |
74.2 |
77.2 |
| Life insurance companies |
406.0 |
426.0 |
381.6 |
405.5 |
431.0 |
| Money market mutual funds (2) |
176.0 |
220.0 |
266.0 |
226.0 |
203.0 |
| Mutual funds (2) |
1,772.0 |
1,992.0 |
1,272.0 |
1,664.0 |
1,927.0 |
| Other self-directed accounts |
1,540.2 |
1,805.9 |
1,273.9 |
1,524.6 |
1,688.5 |
| Total |
$4,207.0 |
$4,784.0 |
$3,585.0 |
$4,251.0 |
$4,710.0 |
|
(1) Includes Keogh accounts.
(2) Excludes variable annuities.
Source: Board of Governors of the Federal Reserve System, June 9, 2011.
IRAs BY HOLDER, 2007-2011
($ billions, market value, end of year)
| U.S.-chartered depository institutions (1) |
$281.8 |
$326.0 |
$356.7 |
$383.3 |
$403.6 |
| Credit unions (2) |
58.2 |
65.5 |
74.2 |
77.2 |
78.5 |
| Life insurance companies (2) |
426.0 |
381.6 |
405.5 |
436.0 |
444.0 |
| Money market mutual funds |
224.0 |
272.0 |
230.0 |
207.0 |
216.0 |
| Mutual funds (3) |
1,983.0 |
1,267.0 |
1,656.0 |
1,918.0 |
1,889.0 |
| Other self-directed accounts |
1,774.9 |
1,368.9 |
1,640.6 |
1,817.5 |
1,840.9 |
| Total |
$4,748.0 |
$3,681.0 |
$4,363.0 |
$4,839.0 |
$4,872.0 |
|
(1) Includes savings banks and commercial banks; includes Keogh accounts.
(2) Includes Keogh accounts.
(3) Excludes variable annuities.
Source: Board of Governors of the Federal Reserve System, June 7, 2012.