Retirement Plans Content

Washington, DC, 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...

READ THIS RELEASE IN JAPANESE Washington, DC, July 1, 2024—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement on the Japanese government’s Basic Policy on Economic and Fiscal Management Reform 2024: “ICI welcomes the Japanese...

The Investment Company Institute submitted comments on the proposed Information Collection Request issued by the Department of Labor, which proposes to collect information voluntarily in order to establish the Retirement Savings Lost and Found database, as directed by Section 303 of...

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...

Washington, DC; 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 study, The Role of IRAs in US Households’ Saving for Retirement, 2023, gathers information on the...