IRA assets in 2006 exploded to $4.23T up from $3.63T in 2005 = mostly from rolloever from Retirement Plans

ROLL "PLAY." A new study finds IRA growth continues to be fueled by rollovers from employer retirement plans - about $200 billion annually – with new IRA contributions significantly smaller by comparison. A news release from the Employee Benefit Research Institute (EBRI) said IRA assets exploded in 2006 with a whopping 16.5% hike to a record $4.23 trillion - up from $3.63 trillion in 2005. That 2006 performance gave more weight to the notion that IRAs are now the largest repository of U.S. retirement funds, according to EBRI. MORE