Retirement assets, accounting for 36 percent of all household financial assets in the U.S., rose by 2.8 percent in the second quarter.
According to the Investment Company Institute, retirement assets rose from $23.4 trillion at the end of March to total $24 trillion as of June 30.
Of that, defined contribution plans saw the largest increase, rising 3.6 percent to $6.6 trillion. IRAs came next, rising 3.3 percent to reach $7.2 trillion, with government defined benefit plans coming in a distant third — growing 1.4 percent — to total $5.1 trillion.
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