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Bounce in stocks boosts retirement assets in Q1

Funds held in individual retirement accounts totaled $12.5 trillion at the end of the first quarter, an increase of 4.3% from the end of 2022.

Total U.S. retirement assets reached $35.4 trillion as of March 31, up 3.5% from Dec. 31, according to the Investment Company Institute.

The first-quarter jump in retirement assets, which accounted for 31% of all household financial assets in the United States as of the end of March, is directly

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