Retirement Legislation Content

The Investment Company Institute (ICI) submitted a letter of recommendations to the Department of Treasury regarding retirement security issues for projects to be included on the 2025-2026 Priority Guidance Plan. Read more in the comment letter.

Teachers, nurses, and millions of other public education and nonprofit workers are being denied the full range of retirement investment options that the private sector enjoys. In some cases, the exclusion can cost these workers in higher fees over time, lessening their ability to...

Washington, DC, February 6, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement after the Retirement Fairness for Charities and Educational Institutions Act of 2025 was reintroduced in both the U.S. House of Representatives and...

The Investment Company Institute (ICI) expresses our strong support for three bipartisan amendments being offered in consideration of HR 2799 – The Expanding Access to Capital Act of 2023 sponsored by Chairman Patrick McHenry. These three bipartisan amendments will go a long way to...

ICI is pleased to provide this statement regarding the US Department of Labor’s (“Department”) fiduciary proposal, for the hearing “Protecting American Savers and Retirees from DOL’s Regulatory Overreach” in the Subcommittee on Health, Employment, Labor, and Pensions of the House...

Washington, DC; May 25, 2023—Investment Company Institute (ICI) President and CEO Eric Pan released the following statement on the House Financial Services Committee advancing two bipartisan bills yesterday – H.R. 2627 the Increasing Investor Opportunities Act, and H.R. 3063, the...

The Investment Company Institute writes to request immediate guidance and relief relating to certain changes to the Internal Revenue Code (“Code”) enacted under the Consolidated Appropriations Act, 2023 (CAA). As you know, the CAA (signed by the President on December 29, 2022)...

US households felt the sting of high inflation in 2022. Sharp increases in consumer prices led to surging interest rates and a stock market downturn, driving steep losses in many investment accounts. This challenging environment generated financial headwinds to households of all...

Washington, DC; January 30, 2023—Today, Investment Company Institute (ICI) President and CEO Eric Pan released the following statement on the House of Representatives’ passage of H.R. 500, the Financial Exploitation Prevention Act. The bill, authored by Rep. Ann Wagner (MO-2), would...