According to The U.S. Retirement Market report from the Investment Company Institute, retirement assets accounted for nearly 40% of household financial assets in 2006, compared with 24% two decades ago.
The report also revealed that the bulk of these assets are held in employer-sponsored plans or originated there, with 64% still held directly in the plans.
Source: Investment Company Institute, www.ici.org.
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Getting leases in lineASC Topic 842 is a relatively simple standard that can mean profound changes for organizations with leases. This report examines what makes this standard challenging and describes new ways for CPAs to add value.