Retirement Plans Content

August 1, 2024—ICI President and CEO Eric J. Pan released a statement after Senators Katie Britt (R-AL), Raphael Warnock (D-GA), Gary Peters (D-MI), and Bill Cassidy (R-LA) introduced the Retirement Fairness for Charities and Educational Institutions Act. The bill mirrors the House...

August 1, 2024—With more than $25 trillion in assets, IRAs, 401(k)s, and similar retirement accounts are a growing source of financial security for everyday Americans. Balances in these accounts have climbed to or near record highs, helping the average long-term saver build a...

July 16, 2024—The latest research from the Investment Company Institute (ICI), “The Economics of Providing 401(k) Plans: Services, Fees, and Expenses, 2023,” shows that 401(k) plan participants have incurred substantially lower fees for holding mutual funds over the past two decades...

July 1, 2024—ICI President and CEO Eric J. Pan released a statement on the Japanese government’s Basic Policy on Economic and Fiscal Management Reform 2024.

June 18, 2024—The Investment Company Institute submitted a comment letter on the proposed Information Collection Request issued by the Department of Labor, which proposes to establish the Retirement Savings Lost and Found database.

ICI filed a letter to the Treasury and IRS on May 31, 2024, recommending items for inclusion in the 2024-2025 Priority Guidance Plan. Read more in the comment letter.

On May 22, 2024, ICI submitted a letter to the Department of Labor, the Treasury Department, and the Pension Benefit Guaranty Corporation in response to a joint agency request for information issued in January. The RFI solicited public input to develop a record as the Agencies review...