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, 2021, approximately $1.8 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
FAQ
Target Date Funds: FAQs
Target date funds, which are also called lifecycle funds, are designed to offer a convenient way to...
Publication
Board Oversight of Target Retirement Date Funds
Target retirement date funds—also called lifecycle funds—are an important innovation in retirement...
Paper
Principles to Enhance Understanding of Target Date Funds (pdf)
Research and Statistics on Target Retirement Date Funds
Comment Letters & Testimony
Comment Letter
ICI Comment Letter in Response to DOL's Request for Comment on Its Target Date Fund Disclosure Propo...
Comment Letter
ICI Submits Comment Letter in Response to SEC's Latest Target Date Funds Release (pdf)
Comment Letter
ICI Submits Comment Letter to DOL on the SEC TDF Study (pdf)
News Releases
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...
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...
News Release
Target Date Funds Expand in 401(k) Plans
A greater number of 401(k) plan participants are investing in target date funds over time. At year...
Other Resources
- SEC Reopens Comment Period for Its Target Date Funds Proposal
Apr 3, 2014
- Investor Advisory Committee’s Target Date Funds Recommendation
Apr 11, 2013
- SEC Proposal for Target Date Fund Names and Marketing Materials
Jun 16, 2010
- Hearing on Target Date Funds, U.S. Senate Special Committee on Aging
Oct 28, 2009
- Comments Submitted to SEC for Joint DOL/SEC Hearing on Target Date Funds
Jun 18, 2009