Tuesday, November 08, 2005
ETFs Find New Routes to 401(k) Plans
More companies are devising ways to include exchange-traded funds in company-sponsored 401(k) retirement plans.
The latest to marry ETFs with 401(k)s is independent trust company AST Trust Co. The Phoenix-based firm plans to announce today that it is rolling out 10 "collective funds" -- which are similar to mutual funds, but are designed exclusively for qualified retirement plans.
ETFs Find New Routes to 401(k) Plans
Source: WSJ Online
The latest to marry ETFs with 401(k)s is independent trust company AST Trust Co. The Phoenix-based firm plans to announce today that it is rolling out 10 "collective funds" -- which are similar to mutual funds, but are designed exclusively for qualified retirement plans.
ETFs Find New Routes to 401(k) Plans
Source: WSJ Online