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. 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
- Target Date Funds: FAQs
Oct 24, 2014
- Board Oversight of Target Retirement Date Funds
Apr 28, 2010
- ICI Workshop on Enhancing Understanding of Target Retirement Date Funds
Sep 23, 2009
- Principles to Enhance Understanding of Target Date Funds (pdf)
Jun 17, 2009
Research & Statistics on Target Retirement Date Funds
Comment Letters & Testimony
- ICI Submits Comment Letter in Response to DOL's Request for Comment on Its Target Date Fund Disclosure Proposal (pdf)
Jul 2, 2014
- ICI Submits Comment Letter in Response to SEC's Latest Target Date Funds Release (pdf)
Jun 9, 2014
- ICI Submits Comment Letter to DOL on the SEC TDF Study (pdf)
Jul 9, 2012
- ICI Submits Comment Letter on the SEC TDF Study (pdf)
May 21, 2012
- ICI Files Comment Letter on DOL Target Date Disclosure Proposal (pdf)
Jan 14, 2011
- ICI Submits Comment Letter on SEC Proposal for Target Date Fund Marketing Materials (pdf)
Aug 23, 2010
- ICI Testimony: U.S. Senate Special Committee on Aging
Oct 28, 2009
- Supplemental Testimony on Target Retirement Date Funds
Jul 20, 2009
- Target Date Fund Joint Hearing before the Department of Labor and the Securities and Exchange Commission
Jun 18, 2009
News Releases
- Target Date Funds Expand in 401(k) Plans
Dec 23, 2013
- ICI Proposes Disclosure Principles for Target Date Funds
Jun 18, 2009
Other Resources
- DOL Reopens Comment Period for Its Target Date Funds ProposalJun 3, 2014
- SEC Reopens Comment Period for Its Target Date Funds ProposalApr 3, 2014
- Investor Advisory Committee’s Target Date Funds RecommendationApr 11, 2013
- DOL Proposal for Target Date Fund DisclosureNov 30, 2010
- SEC Proposal for Target Date Fund Names and Marketing MaterialsJun 16, 2010
- SEC/DOL Investor Bulletin: Target Date Retirement FundsMay 6, 2010
- DOL Advisory Opinion 2009-04A on Use of Affiliated Funds in Target Date FundsDec 4, 2009
- Hearing on Target Date Funds, U.S. Senate Special Committee on AgingOct 28, 2009
- Joint DOL/SEC Hearing on Target Date FundsJun 18, 2009
- Comments Submitted to SEC for Joint DOL/SEC Hearing on Target Date FundsJun 18, 2009
