- Strength of Retirement System
- Retirement Plans: Workers’ Access
- Understanding Tax-Deferred Benefits
- Fees in Retirement Plans
- Retirement Policy Issues
- Participant Education
- More ICI Retirement Resources
Retirement Plans: Workers’ Access & Support
The decline in the prevalence of defined benefit (DB) plans—and the decreasing likelihood that a worker will remain in one job long enough to qualify for DB benefits—make it increasingly important that workers have access to the portable benefits offered by defined contribution (DC) plans, such as 401(k) plans.
Workers widely acknowledge the value of DC plans: ICI studies consistently show that workers highly value both the incentives that encourage them to save and the ability of these plans to help them accumulate substantial savings for retirement.
A strong majority of U.S. households disagree with changing the current tax treatment of retirement accounts.