Charles Schwab is now offering a program fee rebate on its managed mutual fund portfolios, Schwab Managed Portfolios, to investors who put $25,000 or more of assets into a new or existing retirement account. 

The rebate applies to all individual retirement accounts: traditional IRAs, Roth IRAs, self-employed retirement plan IRAs and rollover accounts.

With the rebate, clients receive money management with no program fees for the first year.

 

Those who deposit at least $25,000 in an IRA before the end of August and who are enrolled in Schwab Managed Portfolios will automatically receive quarterly program fee rebates.

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