Retirement Legislation Content

February 10, 2025—Teachers, nurses, and millions of other public education and nonprofit workers are being denied the full range of retirement investment options that the private sector enjoys. In some cases, the exclusion can cost these workers in higher fees over time, lessening...

February 6, 2025—ICI President and CEO Eric J. Pan released a statement after the Retirement Fairness for Charities and Educational Institutions Act of 2025 was reintroduced in both the U.S. House of Representatives and U.S. Senate. The bill overwhelmingly passed as a bipartisan...

March 5, 2024—The Investment Company Institute (ICI) expresses our strong support for three bipartisan amendments being offered in consideration of HR 2799 – The Expanding Access to Capital Act of 2023 sponsored by Chairman Patrick McHenry. These three bipartisan amendments will go a...

February 15, 2024—ICI is pleased to provide this statement regarding the US Department of Labor’s (“Department”) fiduciary proposal, for the hearing “Protecting American Savers and Retirees from DOL’s Regulatory Overreach” in the Subcommittee on Health, Employment, Labor, and Pensions...

ICI President and CEO Eric Pan released the following statement on the House Financial Services Committee advancing two bipartisan bills yesterday – H.R. 2627 the Increasing Investor Opportunities Act, and H.R. 3063, the Retirement Fairness for Charities and Educational Institutions...

The Investment Company Institute writes to request immediate guidance and relief relating to certain changes to the Internal Revenue Code (“Code”) enacted under the Consolidated Appropriations Act, 2023 (CAA). As you know, the CAA (signed by the President on December 29, 2022)...

US households felt the sting of high inflation in 2022. Sharp increases in consumer prices led to surging interest rates and a stock market downturn, driving steep losses in many investment accounts. This challenging environment generated financial headwinds to households of all...

ICI President and CEO Eric Pan applauded the House of Representatives’ passage of H.R. 500, the Financial Exploitation Prevention Act, which would enable mutual funds and their transfer agents to better protect seniors by delaying the redemption of securities, if there is reasonable...

ICI thanks the members of the House and Senate for their commitment to Americans’ retirement security through the passage of SECURE 2.0 which will improve the long-term financial well-being of Americans across the country.