401(k)s magnify inequality: Share of total retirement account savings and total income for families age 32–61 by income quintile, 2013
| Retirement account savings | Income | |
|---|---|---|
| 1st (Bottom) | 0% | 2% |
| 2nd (Lower-middle) | 1% | 5% |
| 3rd (Middle) | 5% | 10% |
| 4th (Upper-middle) | 20% | 19% |
| 5th (Top) | 74% | 63% |
Note: Based on "normal income," which may differ from actual income if a family's income in the past year was unusually high or low. Retirement account savings include 401(k)s, IRAs, and Keogh plans.
Source: EPI analysis of Survey of Consumer Finance data, 2013.