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Hi, I'm new to this board. I'm in the process of setting up a new IRA and don't know how to evaluate the providers. My local bank offers IRA accounts, but their fees seem high compared to some of the other options. I'm concerned with the safety of the account, however, and wonder what happens if I open an account with (for instance) AmeriTrade, and they go out? Is this a realistic concern, and if so, how do I minimize the risk?

Thank you

Roy Lambertson
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