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SUPPLEMENT
TO THE
SCHWAB NEW JERSEY MUNICIPAL MONEY FUND AND SCHWAB PENNSYLVANIA
MUNICIPAL MONEY FUND PROSPECTUS DATED
JANUARY 20, 1998
SCHWAB FLORIDA MUNICIPAL MONEY FUND PROSPECTUS DATED
FEBRUARY 16, 1998
The following replaces the third paragraph in the "How to Buy, Sell or Exchange"
section of the prospectus.
AUTOMATIC INVESTMENT. Investors may choose a Fund as their "primary fund" and
uninvested cash balances in their account will be automatically invested in
Sweep Shares of their primary fund, according to the terms and conditions of
their account agreement. Sweep Shares of a primary fund also will be sold to
cover any negative cash balance in their account, according to the terms and
conditions of their account agreement.
The following replaces the fourth, fifth, sixth and ninth paragraphs contained
in the "Opening a Schwab Account" section of the prospectus.
Schwab offers different types of accounts with varying minimum initial
investment and balance requirements designed to fit the needs of a variety of
investors. Contact Schwab for more information and read your account agreement
and application for specific account details, including minimum initial
investment and balance requirements and fees. Contact Schwab for instructions
and any applicable fees if you would like to wire money from your Schwab
account.
TF5561 (4/20/98)
