The present invention relates to an accommodating intraocular lens, which is suitable for replacement of the natural crystalline lens of the eye within the capsular bag. The intraocular lens can include a retainer plate with an annular region surrounding a central opening, and an optical lens. The retainer plate acts as a foundation for the optical lens, as the retainer plate can be positioned near or at the posterior portion of the lens capsule. The optical lens can sit on the retainer plate, but is otherwise not attached to the retainer plate. The optical lens can overlap or fit within the central opening of the retainer plate. The retainer plate can include a lip portion integrally disposed on a region of the retainer plate, wherein the lip provides a surface for holding at least a portion of an intraocular lens.