Products July 5, 2004
Safeco Introduces K Plan
May 31, 2002 (PLANSPONSOR.com)-SAFECO Life &
Investments in conjunction with ShareBuilder Securities
Corporation, has launched a new 401(k) program which features
a self-directed brokerage account
Reported by Nicole Halsey
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.