401(k)s magnify inequality: Share of total retirement account savings and total income for families age 32–61 by income quintile, 2016
|Retirement account savings||Income|
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 funds in 401(k)-style defined contribution plans and in IRAs.
Source: EPI analysis of Survey of Consumer Finance data, 2016.