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.

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