Rollover IRA: Charles Schwab: Rollover IRA Account

Open an account with $1,000.
Account service fees: None.
Contribution limit: $5,000 for tax years 2008 and 2009 ($6,000 if you are 50 or older).
Who’s it for? Anyone with a 401(k) or employer-sponsored retirement plan who is changing jobs or retiring.

Learn more about Rollover IRA accounts.

Open the account that allows you:

Expand your investment options. A Rollover IRA gives you more flexibility and control over your retirement money.
Avoid current taxes and early withdrawal penalties on any payouts from your existing plan.
Keep your retirement savings growing tax-deferred.

Because it’s a Schwab account, you can:

Have Schwab handle all the paperwork and set you up with sound investment guidance. Simply call 866-855-9095.
Take advantage of Schwab’s retirement planning tools and resources.
Access to a breadth of investment solutions from Schwab and others institutions, such as CDs from FDIC-insured banks, bonds, mutual funds and equities.
Decide how your contributions are invested— use our industry-recognized research to choose stocks; bonds; CDs; no-load, no-transaction-fee mutual funds and more; or select a single portfolio solution.

Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing.

Charles Schwab & Co., Inc., receives remuneration from fund companies participating in the Mutual Fund OneSource® service. Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no transaction fee) and held for 90 days or less. For each of these trade orders placed through a broker, a $25 service charge applies. Funds are also subject to management fees and expenses.

(1208-8803)