Custody‚ Trading‚ and Recordkeeping
Experience teaches record keepers that old legacy record-keeping systems (which were built to trade mutual funds at NAV closing price) are inadequate for trading exchange traded funds (ETFs). Instead of attempting to build on top of an out-dated system‚ Invest n Retire‚ LLC (INR) built its trading/recordkeeping system from the ground up using the latest software platform which runs in an enterprise environment making it scalable.
Invest n Retire® has been recordkeeping and cost-effectively trading ETFs in 401(k) plans since 2004.
If a service provider claims that it can trade ETFs in 401(k) plans just like a mutual fund‚ you should start asking questions.
Q & A - Invest n Retire® answers your questions.