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Financial Planner

Category - Retirement Savings and Income Planning

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What was the amount of aggregate IRA assets near the end of 2014?

$1.8 million
$3.7 billion
$7.3 trillion
$8.9 trillion

Explanation

Answer: C - The amount of aggregate IRA assets by the end of the third quarter of 2014 was $7.3 trillion. Since introduced in 1974, this type of retirement arrangement has played a major role in savings for retirement.

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