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Salomon Smith Barney Introduces New 401(k)


Salomon Smith Barney and SSB Citi Asset Management Group, both of New York, have introduced a new 401(k) program aimed at small to mid-size companies. Called k Choice, it is Citigroup's first 401(k) program to offer mutual funds from all three of SSB Citi Asset Management's fund families: Salomon Brothers Mutual Funds, Smith Barney Mutual Funds and CitiFunds.

Salomon Smith Barney and SSB Citi Asset Management began offering the program to plan sponsors June 7 through Salomon Smith Barney's 10,900 financial consultants.