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URL:  http://boards.fool.com/sharebuilder-ira-fees-26395899.aspx

Subject:  ShareBuilder IRA Fees Date:  2/18/2008  10:18 PM
Author:  investertim Number:  61499 of 75592

ShareBuilder IRA Fees

Hello all,
As per the IRA Center of Fool.com, Sharebuilder does not charge a
maintenance fee or an inactivity fees. However, I recieved an invoice
from SB charging me a $25 fee for "annual administration." The IRA
Center gave me the impression that a Roth with Sharebuilder would cost
me nothing except trade commissions. I am just wondering if I am
missing something here. This is the IRA Center
http://www.fool.com/ira/tables/compare.htm?ref=ib and below is the
email from SB. I'm not interested in spending $12 per month on services I don't need
so I can have the fee waived.
Which Roth IRA custodian do you guys recommend?

Thank you all in advance.




Dear X,

Time is running out to have the annual administration fee on your
ShareBuilder Roth IRA waived.

Earlier this month, we sent an invoice for the annual administration
fee
for your ShareBuilder Roth IRA. The administration fee covers the
record
keeping and fiduciary costs associated with your Roth IRA. Please note
that this fee is waived for our Roth IRA customers that have an account
subscribed to the ShareBuilder Standard or Advantage Pricing Programs*
no later than two (2) business days prior to the due date. To avoid
having to pay this fee, click here to upgrade one of your accounts to
Standard or Advantage.



Due Date:
01/25/2008
Name:
X
Account Number:
XAccount Type:
Roth IRA
ShareBuilder Annual Administration Fees:
IRA and Roth IRA $25

Within the next week, you need to take action and initiate payment of
the fee.

1. Pay by Automatic Debit: This is the fastest and easiest option.
You can authorize a recurring annual debit from your checking or
savings
account. Simply log on to your account, select your Roth IRA, click on
the Roth IRA Information tab, scroll to the bottom of this screen, and
click on the Pay Administration Fee link. The actual debit will be
requested on 01/24/2008. If you pay the fee by this method, it will not
apply towards your annual contribution.
2. Pay by Credit Card: ShareBuilder must receive your credit card
payment by 01/25/2008. ShareBuilder will not store your credit card
information. Simply log on to your account, select your Roth IRA, click
on the Roth IRA Information tab, scroll to the bottom of this screen,
and click on the Pay Administration Fee link. If you pay the fee by
this
method, it will not apply towards your annual contribution.
3. Pay by Check: Mail your check to ShareBuilder. Your name and
address information must be imprinted on your check. ShareBuilder must
receive the check by 01/25/2008. Simply log on to your account, select
your Roth IRA, click on the Roth IRA Information tab, scroll to the
bottom of this screen, and click on the Pay Administration Fee link. If
you pay the fee by this method, it will not apply towards your annual
contribution.
4. Pay by Assets: The fee will be deducted from the assets in your
account after the due date. We will deduct the fee from your available
Money Market Cash Balance first, and then liquidate investment
position(s) up to the remaining amount owed. Simply log on to your
account, select your Roth IRA, click on the Roth IRA Information tab,
scroll to the bottom of this screen, and click on the Pay
Administration
Fee link.
If you have any questions regarding this fee or your Roth IRA, please
feel free to contact ShareBuilder Customer Care at 1-800-SHRBLDR
(1-800-747-2537). Customer Care Associates are available to assist you
from 5am - 6pm Pacific Time, Monday - Friday. You can also email us
with
questions. We appreciate your business and look forward to assisting
you.

In the event that you do not select a payment method, or the automatic
debit does not succeed or your payment by check or credit card isn't
received by 01/25/2008, we will withdraw the fee from assets in your
account. We will deduct the fee from your money market cash balance.
However, if there are not adequate funds to cover the fee, investment
position(s) in your account will be liquidated to cover the necessary
payment. Because of IRS regulations, once a fee has been paid from
assets
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