Retirement Plans Content

February 29, 2024—ICI’s latest research shows in mid-2023, 55.5 million US households, or 42.2 percent, reported that they owned individual retirement accounts (IRAs).

The US retirement system is the envy of the world, thanks largely to the success of defined contribution plans—such as 401(k)s—and individual retirement accounts (IRAs). Together with Social Security, employer plans and IRAs have helped build the middle class, giving millions of...

The US retirement system is the envy of the world, thanks largely to the success of defined contribution plans—such as 401(k)s—and individual retirement accounts (IRAs). Together with Social Security, employer plans and IRAs have helped build the middle class, giving millions of...

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...

February 6, 2024—According to new research published by the Investment Company Institute (ICI), Gen Z households with DC plans are outpacing earlier generations on the path to retirement saving. ICI’s research report “American Views on Defined Contribution Plan Saving, 2023” and...

February 5, 2024—Judging by some narratives, you might think that young Americans face a bleak financial future. Whereas Baby Boomers and older generations benefited from a robust economy and outsized investment gains, Gen Z and Millennials have suffered ballooning expenses and other...