Target Retirement Date Funds Resource Center

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. As of June 30, 2017, approximately $1.0 trillion 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

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FAQ

Target Date Funds: FAQs

Target date funds, which are also called lifecycle funds, are designed to offer a convenient way to...
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Paper

Principles to Enhance Understanding of Target Date Funds (pdf)

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Video

ICI President and CEO Eric J. Pan Speaks on a Proposed ETF Tax on CNBC’s “ETF Edge”

In his appearance on CNBC's "ETF Edge," Pan discusses how Congress’s proposed tax on ETFs would...

Research and Statistics on Target Retirement Date Funds

Comment Letters & Testimony

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Comment Letter

ICI Comment Letter in Response to DOL's Request for Comment on Its Target Date Fund Disclosure Propo...

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Comment Letter

ICI Submits Comment Letter in Response to SEC's Latest Target Date Funds Release (pdf)

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Comment Letter

ICI Submits Comment Letter to DOL on the SEC TDF Study (pdf)

News Releases

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News Release

New EBRI/ICI Report Sheds Light on How Savers Use Target Date Funds in 401(k) Plans

Washington, DC; September 9, 2021—A growing number of investors save for retirement through target...
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News Release

Target Date Funds Remain Popular Investment in 401(k) Plans

Target date funds are a popular choice for 401(k) plans’ investment lineups, according to an updated...
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News Release

Target Date Funds Widely Used by Younger Plan Participants

Younger 401(k) plan participants have large allocations to target date and other types of balanced...