Home Target Retirement Date Funds Resource Center
Target retirement date funds, which are also called target date or lifecycle funds, are one of the most important innovations in retirement savings. These funds provide a convenient way for a retirement plan participant to purchase a mix of asset classes, professionally designed and managed, that is rebalanced and becomes more conservative as the participant ages. At year-end 2011, approximately $376 billion was invested in target date mutual funds.
ICI and its members have worked to enhance understanding of target date funds. This page provides information and resources on target date funds prepared by ICI. It includes FAQs, Five Principles to Enhance Understanding of Target Date Funds, links to ICI’s testimony on target date funds, and links to other relevant information. ICI will update this page as events unfold.
ICI Materials to Enhance Understanding of Target Retirement Date Funds
- IDC Paper on Board Oversight of Target Retirement Date Funds Wed Apr 28 00:00:00 EDT 2010
- ICI Workshop on Enhancing Understanding of Target Retirement Date Funds Wed Sep 23 00:00:00 EDT 2009
- Principles to Enhance Understanding of Target Date Funds (pdf) Wed Jun 17 00:00:00 EDT 2009
- Frequently Asked Questions About Target Date Funds Thu Jun 04 00:00:00 EDT 2009
Comment Letters & Testimony
- ICI Submits Comment Letter to DOL on the SEC TDF Study (pdf) Mon Jul 09 00:00:00 EDT 2012
- ICI Submits Comment Letter on the SEC TDF Study (pdf) Mon May 21 00:00:00 EDT 2012
- ICI Files Comment Letter on DOL Target Date Disclosure Proposal (pdf) Fri Jan 14 00:00:00 EST 2011
- ICI Submits Comment Letter on SEC Proposal for Target Date Fund Marketing Materials (pdf) Mon Aug 23 00:00:00 EDT 2010
- ICI Testimony: U.S. Senate Special Committee on Aging Wed Oct 28 00:00:00 EDT 2009
- Supplemental Testimony on Target Retirement Date Funds Mon Jul 20 00:00:00 EDT 2009
- Target Date Fund Joint Hearing before the Department of Labor and the Securities and Exchange Commission Thu Jun 18 00:00:00 EDT 2009
News Releases
- ICI Proposes Disclosure Principles for Target Date Funds Thu Jun 18 00:00:00 EDT 2009
Other Resources
- DOL proposal for Target Date Fund Disclosure, November 30, 2010
- SEC Proposal for Target Date Fund Names and Marketing Materials, June 16, 2010
- SEC/DOL Investor Bulletin: Target Date Retirement Funds, May 6, 2010
- DOL Advisory Opinion 2009-04A on Use of Affiliated Funds in Target Date Funds, Dec 4, 2009
- Hearing on Target Date Funds in the U.S. Senate Special Committee on Aging Oct 28, 2009
- Webcast of Joint DOL/SEC Hearing on Target Date Funds, Jun 18, 2009
- Comments on June 18 Joint DOL/SEC Hearing Submitted to DOL
- Comments on June 18 Joint DOL/SEC Hearing Submitted to SEC
