I left SAP Concur 4 years ago and still have my old 401k at Vanguard. I got an email from Vanguard today saying that my employer-sponsored retirement plan includes a self-directed brokerage option with services provided by TD Ameritrade. Since Schwab acquired TD Ameritrade, they’ll move the TD Ameritrade account to Schwab. This email is confusing because I don’t think I have a TD Ameritrade account. The 401k is under Vanguard and there’s no separate brokerage account attached to it. Did SAP Concur switch from Vanguard to TD Ameritrade at some point in the last 4 years? Or maybe is in the process of switching?
No, still on Vanguard. Not switching to Schwab. There's a self directed brokerage window. If you don't use it, the email doesn't apply to you.
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No, not that i heard of. Still at Vanguard.
Interesting. I called Vanguard and they said SAP Concur is switching to Schwab