The Investment Company Institute submitted a letter to the US Department of Labor’s request for information on pooled employer plans (PEPs). Read more in the comment letter.
Policymakers in the United States are tackling the challenge of how to provide expanded investment opportunities for retirement savers who participate in 401(k) plans and other types of defined contribution (DC) plans.
Trump Accounts, created under recent tax legislation, aim to help American families build long-term savings. ICI is encouraging the Treasury Department to protect competition in what could become every American’s first IRA.
The 401(k) plan continues to offer workers across all income levels a disciplined way to save and invest, helping them build significant assets over time. The continued success of these plans shows...