MichaelVitali.net | Schwab 401(k) | MichaelVitali.net

Schwab 401(k)

Soon we may see the first Schwab 401(k) plan — a smart move for a company that already sports a big footprint in both brokerage and IRAs. Schwab says they “would use index-based funds to keep expense ratios in the 0.15%-0.25% range for retirement plans.”

A development to watch.

Update 2 June 2011: WSJ’s take at RIABiz.

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