Target Date

Schwab Trust Bank Target Date Trusts

Schwab Trust Bank Target Date Trusts, with the exception of the Schwab Managed Retirement Trust Income Trust*, seek to provide total return for investors at or nearing specific target retirement dates. The Trusts are offered in vintages in five-year increments between 2010 and 2065 and have been established solely for qualified plans and certain other retirement trusts.

Overview Guide


Schwab offers two types of target date trusts.

  • Blend: Schwab Managed Retirement Trusts™ (SMRT)

    The SMRTs employ a blend of active and passive strategies, with the goal of providing total return for investors at or near a particular target retirement date. There is also the SMRT Income Trust* for individuals in or near retirement.

  • Passive: Schwab Indexed Retirement Trusts™ (SIRT)

    The SIRTs primarily employ passive strategies, seeking to provide total return for investors at or near a particular target retirement date.


* The Schwab Managed Retirement Trust Income Trust seeks to provide total return for investors near or in retirement.

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