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Financial Planning / Foolish 401(k)s


Subject:  401k Plans and Options Trading Date:  12/20/2012  4:34 PM
Author:  thinkfirst100 Number:  24969 of 26128

I would like input on the legality of options trading in 401k plans by the Trustee. Schwab tells me margin is not permitted in 401k accounts and that limits the level of trading authorization a trustee can obtain and use. Any input on this subject would be much appreciated, and knowledge of other brokers who might not share this position, if it is legal.
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