Tag: Investment Company Institute
ICI conclusions rest on shaky assumptions and exaggerate levels of Social Security benefits. The thrust of a recent Investment Company Institute (ICI) study – “Who Participates in Retirement Plans, 2016” – seems to be “Don’t worry if young people and others aren’t saving for retirement. Retirement saving isn’t high on their agenda. They will start…
401(k)s may be the gathering mechanism, but IRAs are where people put their money. Given that private sector households now hold more money in individual retirement accounts (IRAs) than in defined contribution plans (see Figure 1), I am always looking for more info about IRAs. The Investment Company Institute (ICI), an organization dedicated to…
