What is a CIT?

Wilmington Trust |
Corporate & Institutional
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Download White Paper The collective investment trust (CIT) is no longer the retirement industry’s best-kept secret.CITs are pooled, tax-exempt investment vehicles sponsored and administered by a bank or trust company that also acts as the trustee. CITs comingle assets from eligible investors into one private investment portfolio with a specific strategy. Currently, CITs are available for DC and defined benefit (DB) plans, excluding most 403(b), 457(b) and 457(f) plans.

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