No. of Recommendations: 0
Greetings, Tracy, and welcome. You asked:

<<Do any low-priced brokerage firms administer SIMPLE SEP's? Now, Merrill-Lynch administers mine. Their transaction fees are HIGH. I need to get my account transferred to a cheaper broker.>>

I think you're confused. There is no such animal as a "SIMPLE SEP." There is a SIMPLE and there is a SEP, but they can't exist in combination with one another. To read a description of both, see my Foolish Retirement Plan Primer available at http://www.fool.com/retirement .

There are many brokers who will administer either type of plan. Your best bet is to first determine what kind of plan you have set up for yourself, and then call around to various brokers to see what they would charge to administer it.

Regards….Pixy
Print the post  

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement