Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Photo: Getty Images

Even when controlling for factors such as income, a FINRA study has found that white households are more likely than either black or Hispanic households to have a taxable investment account.

The study, “A Snapshot of Investors in America,” from the FINRA Investor Education Foundation, found that while about 6 out of every 10 U.S. households have securities investments, whether through taxable accounts, IRAs, or employer-sponsored retirement plans, that number drops substantially when only taxable accounts are considered—to just over 3 out of 10.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

Dig Deeper



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.