What are SDBAs?
Self-directed brokerage accounts (SDBAs) allow you to transfer a specified amount of your investment dollars to an outside broker for investment in a large array of alternative mutual funds and individual securities (some exceptions).
457/401a
The following types of investments are offered in the Schwab self-directed brokerage window for each provider.
- Taxable mutual funds
- Taxable debt securities (fixed income), including Treasuries
- Equities (stocks) with some exceptions, such as limited partnerships and foreign stocks
- Exchange-traded funds (excluding security issuing K-1)
403b
403b self-directed brokerage accounts (SDBAs) allow you to transfer a specified amount of your 403b investment dollars to an outside broker for investment in a large array of alternative mutual funds.
Taxable mutual funds are offered in the Schwab self-directed brokerage window for each provider shown.
Corebridge
- Phone: (888) 393-7272
- Yearly Fees: $50*
- Minimum Balance Required: $0
- Transfer Minimum: No Minimum
Empower
- Phone: (888) 393-7272
- Yearly Fees: $50*
- Minimum Balance Required: $500
- Transfer Minimum: Initial $500, Subsequent $1
Horace Mann
- Phone: (800) 677-2363
- Yearly Fees:$100*
- Minimum Balance Required: $500
- Transfer Minimum: Initial $1000, Subsequent $500
Voya
- Phone: (888) 393-7272
- Yearly Fees: $50*
- Minimum Balance Required: $500
- Transfer Minimum: Initial $500, Subsequent $1
*May include other fees.