IRA and Keogh Accounts at Depository Institutions
IRADI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
466.20
Year-over-Year Change
4.02%
Date Range
1/1/1959 - 6/1/2025
Summary
The IRADI series tracks the total value of Individual Retirement Accounts (IRAs) and Keogh accounts held at U.S. depository institutions, providing insight into personal retirement savings trends. This metric is crucial for understanding household financial preparedness and investment behavior.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator represents the aggregate dollar value of retirement accounts maintained in banks, credit unions, and other depository financial institutions. Economists use this data to assess retirement savings patterns, financial sector health, and potential shifts in personal investment strategies.
Methodology
The data is collected through comprehensive surveys and financial reporting from depository institutions, aggregating the total value of IRA and Keogh retirement accounts.
Historical Context
Policymakers and financial analysts use this trend to evaluate retirement savings rates, potential economic stimulus, and long-term financial planning trends.
Key Facts
- Tracks total value of individual retirement accounts at financial institutions
- Provides insights into personal savings and investment behaviors
- Reflects broader trends in retirement planning and financial preparedness
FAQs
Q: What are IRA and Keogh accounts?
A: IRAs are Individual Retirement Accounts, while Keogh plans are retirement savings plans for self-employed individuals. Both offer tax advantages for retirement savings.
Q: Why are these accounts important?
A: These accounts help individuals save for retirement with potential tax benefits and provide a mechanism for long-term financial planning.
Q: How is the IRADI data collected?
A: The data is collected through financial reporting from banks and other depository institutions, aggregating the total value of retirement accounts.
Q: How do these accounts impact the broader economy?
A: Retirement accounts represent a significant pool of investment capital that can influence financial markets and economic growth.
Q: How often is this data updated?
A: The IRADI series is typically updated quarterly, providing current insights into retirement savings trends.
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Citation
U.S. Federal Reserve, IRA and Keogh Accounts at Depository Institutions [IRADI], retrieved from FRED.
Last Checked: 8/1/2025