403(b) Plans Content

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 long way to...

Washington, DC; April 25, 2023—The Investment Company Institute (ICI) and BrightScope, an ISS Market Intelligence business, released their new report The BrightScope/ICI Defined Contribution Plan Profile: A Close Look at ERISA 403(b) Plans, 2019. The report found that the wide array...

Washington, DC; December 23, 2022—Today, ICI President and CEO Eric Pan released the following statement after Congress passed the year-end spending bill, which includes the SECURE 2.0 Act of 2022: “ICI thanks the members of the House and Senate for their commitment to Americans’...

Washington, DC; November 30, 2022—Americans using defined contribution (DC) plans to save for retirement stayed the course in the first three quarters of 2022 despite ongoing market volatility, the latest ICI survey data of plans covering more than 40 million participant accounts...