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Author: nosbocaj Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19414  
Subject: Fee for bond funds Date: 12/16/1999 2:36 PM
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I currently hold individual bonds in my IRA. When buying Vanguard bond funds in an IRA brokerage account, is there any way to lessen the fee that brokers charge to purchase no-load bond funds?
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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 952 of 19414
Subject: Re: Fee for bond funds Date: 12/17/1999 11:05 AM
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Greetings, Nosbocaj, and welcome. You asked:

<<I currently hold individual bonds in my IRA. When buying Vanguard bond funds in an IRA brokerage account, is there any way to lessen the fee that brokers charge to purchase no-load bond funds?>>

No, there's not if you insist on buying the funds through the broker. However, you can avoid those fees by moving the funds to Vanguard itself and then making your purchase. Simply complete an application with Vanguard to do so, and in 20 to 45 days depending on how fast Vanguard and your broker act, the money will be in your new IRA fund account with Vanguard. Be aware that the broker can still charge you a small fee for removing money from that IRA to the new IRA.

Regards..Pixy

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