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I'll wait until Dec 2014 to make my $4,300 contribution so I'll only pay one month's fee for 2014 ($2.50 account fee.)

In Jan 2015 I'll make another $4,300 contribution and put the $8,600 balance in a no-commission ETF with TD Ameritrade. Thereafter I'll incur a $2.50/month account fee and $3.00/month investment fee for a total of $66/year.


Is waiting to December the best choice? You would only need to earn about 1.5% on your initial $4300 contribution to exceed the fees for the year.

PSU
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