No. of Recommendations: 1
If you are able and eligible you could make your 2005 and 2006 contributions now to get above the $5,000 threshold.

One thing to remember is if you do go with someone else with the idea of eventually transferring it to Vanguard, the original IRA custodian will charge you a fee to close and transfer your account that will probably be more than the annual low balance fee would be for a year or two.

Print the post  


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.