The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: ShareBuilder IRA Fees||Date: 2/18/2008 10:18 PM|
|Author: investertim||Number: 61499 of 79067|
ShareBuilder IRA Fees
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.
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
for your ShareBuilder Roth IRA. The administration fee covers the
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 t