Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Retirement Planning > Retirement Investing

Schwab To Offer 15-Minute IRA Rollovers

Your article was successfully shared with the contacts you provided.

NU Online News Service, Sept. 23, 2004, 5:41 p.m. EDT

The brokerage arm of Charles Schwab Corp., San Francisco, has agreed to use individual retirement account rollover products and services from RollOver Systems Inc., Charlotte, N.C.[@@]

The RollOver Systems service can help 401(k) plan participants who are leaving their employers transfer 401(k) plan funds to new IRAs in about 15 minutes, RollOver Systems says.

The automated transaction time compares with a typical transaction time of about 8 weeks for workers who complete transfers using the traditional rollover process, RollOver Systems says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.