Charles Schwab has announced that the Charles Schwab Trust Company (CSTC) will offer target-date collective trust funds for retirement plans.

CSTC will now include the Schwab Indexed Retirement Trust Funds, which specifically focus around the use of index strategies. As it stands, the Schwab Indexed Retirement Trust funds are passively managed and are primarily designed for defined contribution plan participants with target retirement dates from 2010 to 2050.

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