Retirement Plans Content

More American retirees get income from retirement plans today than ever before. In combination with Social Security benefits, this income helps most maintain their standard of living as they transition into retirement. These facts may come as a surprise to many given the steady stream...

Target date funds (TDFs) 1 have steadily become a mainstream option among retirement investors, 2 with some academics describing TDFs as “one of the most important financial innovations for the typical American retail investor” in recent decades. 3 These strategies, which are popular...

The Investment Company Institute sent a comment letter to the IRS and Treasury, responding to the notice of proposed rulemaking that would amend the regulations governing required minimum distributions from retirement plans and IRAs to reflect changes made by the SECURE 2.0 Act. Read...

Adjusted for inflation, average retirement assets per US household are nearly 10 times what they were 50 years ago. That surge in wealth has been propelled largely by IRAs, 401(k)s, and similar plans, which provide retirement security for families of all backgrounds and income levels...

Washington, DC, August 21, 2024—The undeniable strength of the 401(k) system is seen in the report, The BrightScope/ICI Defined Contribution Plan Profile: A Close Look at 401(k) Plans, 2021, released today by ISS Market Intelligence (MI) and the Investment Company Institute (ICI)...

Washington, DC, August 1, 2024—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following 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...

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 meaningful nest egg...