With an IRA is it common to pay fees every year of like 40 bucks?
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With an IRA is it common to pay fees every year of like 40 bucks?
If a person is too stupid to be a DJ, perhaps they are also too stupid to know that he was too stupid to be a DJ — that is, his stupidity protected him from an awareness of his own stupidity.
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Originally Posted by soulman
That would depend on where you have your IRA. If it is with a mutual fund company like Fidelity or Vanguard they charge you yearly fees to manage your money. Each mutual fund has an "expense ratio" associated with it which is the total amount you pay in management fees to them to invest in that fund. They also can hit you with an extra yearly fee if the total amount you have invested is less than say $50,000. That fee is probably the $40.00 you are talking about.
-G
The borrower is slave to the lender
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