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Article: E*TRADE Securities Unveils Investment Program for EGTRRA IRA Accounts.
- Article from:
- PR Newswire
- Article date:
- December 20, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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New IRA Program Designed to Preserve Investor Assets Accumulated in 401(k) Plans
E*TRADE Securities LLC, a wholly-owned subsidiary of E*TRADE FINANCIAL Corporation , today announced it will provide IRA accounts to investors holding 401(k) assets that fall under the September 2004 amendment to the Economic Growth and Tax Relief Reconciliation (EGTRRA) Act of 2001. Beginning in March 2005, through an exclusive agreement with rollover solutions provider Wealth Management Systems, Inc., E*TRADE Securities will accept rollover assets from 401(k) accounts belonging to participants who have changed or left their jobs and missed their 401(k) rollover deadline. E*TRADE ...