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A custodial account is a financial account (such as a bank account, a trust fund or a brokerage account) set up for the benefit of a beneficiary, and administered by a responsible person, known as a legal guardian or custodian, who has a fiduciary obligation to the beneficiary. [1]
Schwab charges no account setup fee for its solo 401(k) as well as no ongoing fee, and you can open either the traditional pre-tax 401(k) or the after-tax Roth 401(k). A solo 401(k) at Schwab lets ...
Offers a wide range of accounts as well, including 401(k)s, 529 plans, custodial accounts, a variety of individual retirement accounts (IRAs), joint accounts and more
Investors in the Schwab YieldPlus Fund, including Charles Schwab himself, lost $1.1 billion. [24] Schwab closed the YieldPlus funds in 2011. [25] In April 2007, the company acquired The 401(k) Company. [26] On July 22, 2008, Walter W. Bettinger, the previous chief operating officer, was named chief executive, succeeding the company's namesake.
Charles Schwab-Stock and ETF: $0-Options: $0.65-Futures: $2.25. $0. Fidelity ... Number of account types available including basic brokerage account, retirement account, managed or guided account ...
A self-directed individual retirement account is an individual retirement account (IRA) which allows alternative investments for retirement savings. Some examples of these alternative investments are real estate, private mortgages, private company stock, oil and gas limited partnerships, precious metals, digital assets, horses and livestock, and intellectual property. [1]
This especially applies to a Roth IRA or Roth 401(k), because investment gains in these accounts are completely tax-free. Of course, in time, you'll be forced to start withdrawing from your IRA or ...
Thinkorswim is an electronic trading platform owned by Charles Schwab Corporation used to trade financial assets. It is geared for self-directed stock, options and futures traders. It is geared for self-directed stock, options and futures traders.