When it comes to retirement plans, many employees require the freedom to make their own retirement choices. They may want more options, at their own pace. Or to personalize their investments to match their unique values.
A Schwab Personal Choice Retirement Account can open up impactful new investment possibilities for employees.
Added to your existing retirement plan, a PCRA gives employees a brokerage account where they pick the investments. And it gives plan sponsors a powerful new way to engage employees and attract talent.
With a PCRA, participants can research, trade, monitor and manage investments how they want to, when they want to. On their own, or with help from an independent registered investment advisor. And they'll get in-depth support from dedicated service teams.
As the sponsor, you can seamlessly add a PCRA to your retirement plan while keeping your core investment lineup manageable. Free employees to pursue socially responsible or other values-based investments. Offer access to thousands of stocks, bonds, mutual funds and ETFs. Or keep it simple and add only the investments you want. It's all tailored to your company's needs.
Personal Choice Retirement Accounts have been providing investment flexibility for retirement plan participants since 1994. We were the first to offer an innovative no-load, no transaction fee mutual fund marketplace. Plus there's the schwab.com website and mobile apps. Fractional share trading through Schwab Stock Slices. Access to independent registered investment advisors. Socially responsible investing options. And a customizable trading menu.
With a Schwab Personal Choice Retirement Account, you give your employees the freedom to own their tomorrow. To get started, contact your Retirement Plan Service Provider today.