Roth IRA accounts grew at more than double the rate of traditional IRAs between 2010-2012, according to analysis by the Employee Benefit Research Institute.
The median increase for Roth IRAs was 16.6 percent, compared to 7.9 percent for traditional individual accounts.
According to the EBRI analysis, a major factor in the difference was the larger percentage of Roth owners making contributions each year than they did in traditional accounts. New contributions made up a larger percentage in growth in Roth IRAs because, on average, their account balances are smaller.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
