Safeco Introduces K Plan

May 31, 2002 ( Life & Investments in conjunction with ShareBuilder Securities Corporation, has launched a new 401(k) program which features a self-directed brokerage account

Other features of the offering include 49 mutual funds from eight investment managers.

Through the ShareBuilder self-directed brokerage account, employees will be able to automatically purchase whole and fractional shares of more than 4,000 individual stocks and index products through regular contributions to their 401(k).
In addition, ShareBuilder’s Web site  offers educational information on the basics of investing and retirement planning as well as detailed performance information on every stock and index product offered.