ICI Innovate brings together multidisciplinary experts to explore how emerging technologies will impact fund operations and their implications for the broader industry.
ICI Innovate is participating in the Emerging Leaders initiative, offering a heavily discounted opportunity for the next generation of asset management professionals to participate in ICI’s programming.
On October 28, 2024, the US Government Accountability Office released a report entitled "401(k) Plans: Reported Impacts of Fee Disclosure Regulations, and DOL Efforts to Support Implementation of Regulations". According to the GAO, the Report addresses (1) literature and selected...
October 15, 2024— ICI submitted a letter to the Office of Management (OMB) and Budget in response to a revised information collection request submitted to OMB by the Department of Labor (DOL). In the ICR, like the earlier proposed version of the ICR, DOL requests approval to collect...
The IRS and Treasury Department published final regulations regarding income tax withholding on certain distributions from retirement plans and IRAs under Internal Revenue Code ("Code") section 3405(a) and (b).
The IRS recently released Notice 2024-73, providing guidance on the treatment of long-term part-time (LTPT) employees under 403(b) plans. The Notice also announces that the pending final regulations for 401(k) plan LTPT employees will apply no earlier than plan years beginning on or...
ICI submitted a letter to the ERISA Advisory Council on the topic "Qualified Default Investment Alternatives—Start to Finish, Default to Payout," in connection with its October 22, 2024, meeting. The Council's focus is on the effectiveness of QDIAs in both the accumulation and...
ICI submitted the attached letter to the Office of Management and Budget in response to a revised information collection request submitted to OMB by the Department of Labor.
On September 12, 2024, the Department of Labor published a revised Information Collection Request modifying its earlier proposed ICR, which proposed to collect information from plan administrators voluntarily in order to establish the Retirement Savings Lost and Found online...
On Sept. 5, 2024, the IRS and Treasury issued Notice 2024-65, Request for Comment Regarding Implementation of Saver's Match Contributions. The Notice poses 29 broad questions seeking detailed input from all interested stakeholders to inform IRS and Treasury as they work to implement...
September 17, 2024—ICI sent a comment letter to the IRS and Treasury, responding to the notice of proposed rulemaking that would amend the regulations governing required minimum distributions from retirement plans and IRAs to reflect changes made by the SECURE 2.0 Act.
Latest Comment Letters:
TEST - ICI Comment Letter Opposing Sales Tax on Additional Services in Maryland
ICI Comment Letter Opposing Sales Tax on Additional Services in Maryland
ICI Response to the European Commission on the Savings and Investments Union