Total U.S. retirement assets climbed 3.9 percent to a record$21.7 trillion in the third quarter, the Investment CompanyInstitute said.
The assets include those in IRAs, defined contribution anddefined benefit plans, government plans and annuity reserves.Retirement assets accounted for 34 percent of all household assets,unchanged from the previous quarter.
At the end of September, IRAs held $6 trillion, up 4.6 percent for the quarter.Defined contribution plan assets rose 4.4 percent to $4 trillion.Assets held by federal, state and local government pension planswere $5.4 trillion, a 3.7 percent increase.
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