Simplified Employee Pension Plan

Open an account with $0.
Account service fees: None (other fees apply).
Contribution limit: Up to $46,000 for 2008 ($49,000 for 2009). Subject to limits.
Who’s it for? Self-employed individuals and business owners with employees who want a plan that’s easy to set up and maintain, with no tax filing required.

Open the account that lets you:

Make tax-deductible contributions that are vested immediately; earnings grow tax-deferred.
Vary your contribution amounts from year to year, or even skip making contributions in any year.
Contribute for yourself and all eligible employees in any year that the plan is funded (employees may not contribute).

Because it’s a Schwab account, participants can:

Decide how your contributions are invested by using our industry-recognized research to choose stocks; bonds; CDs; no-load, no-transaction-fee mutual funds and more; or by selecting a single portfolio solution.
Get investment guidance from a Schwab investment professional.
Take advantage of Schwab’s retirement planning tools and resources.

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 redemptions of funds purchased through Schwab’s Mutual Fund OneSource service (and certain other funds with no transaction fees) 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.

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