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.

Tags
Recent Comments
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *