401(k) - 403(b) - 457
Self Directed Brokerage Accounts (SDBA)
Employees’ retirement plans exist in the core account that offers limited, pre-selected investment choices. Plans that offer the SDBA option provide the opportunity for employees to take full control of a portion of their retirement account by linking it to the existing core account. This feature expands the range of investment choices beyond the core account investments and provides access to the same management style as high net worth investors, institutions, and foundations.
The Freedom of Choice
Basic Company Plan
Access to pre-selected investment options chosen by the company
Limited or no access to personalized advice
Limited or no access to third party active management
Options may have lower expenses
Basic SDBA
Diversification and control over your retirement plan with possibility of more investment options
Potential access to personalized advice
An option for third party active management
Managed SDBA
Proactive asset management
Advice from an experienced financial professional to assist in investment strategy design
Portfolio re-balancing
How it Works
The Self-Directed Brokerage Account is a window inside the company-sponsored retirement plan (401(k), 403(b), 457, etc.) which offers plan participants the option to invest in more than the limited pre-selected company choices. Below is a list of custodians along with their corresponding account names.
