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Subject:  Re: Foolish Four IRA Date:  12/4/1998  5:43 PM
Author:  FoolinUpNorth Number:  7009 of 87983

trudyKAS wrote:

I'm getting nit picky abour costs again. I've been leaning toward self directed IRA's
myself, and have found only one on line broker, Waterhouse, who does not charge an
annual fee for servicing an IRA. Several others have been asking $35.00 per year in
addition to administrative fees. There are also a couple of national banks that will serve as
trustees for self directed IRA. Those I've seen also charge $35.00 or more per year. Does
anyone know of other sources for serving as IRA trustees who are not charging annual
service fees?

I reply:

I use Ameritrade for my Roth IRA and they have no set up fee and no "annual fee". So far I've been happy with their service, and at $8 a trade using them seems downright Foolish.


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