Author: FoolishWarthog Date: 2/16/02 6:05 PM Number: 33822 I'm concerned about 'inactiviy' fees, etcI found the following on the Vanguard site at:http://victory.vanguard.com/educ/newsstnd/ITV/2000Spring/custodial.htmlVanguard assesses a $10 annual custodial fee for each fund in which an investor has IRA assets during the year. For example, if you have IRAs in three funds, you will owe three fees, or $30, for the year. The custodial fee covers the cost of tax reporting that Vanguard is required to complete each year. The fee is due regardless of how long an account is open.You need not worry about the fee if:Your IRA fund accounts are valued at $5,000 or more. We look at account balances in the beginning of June to identify accounts that are eligible for this waiver. Accounts established after the June evaluation are reviewed in December.RK
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