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Subject:  Re: Transfer of Roth IRA Date:  3/28/2005  2:02 PM
Author:  inthesun Number:  45309 of 90523

That's what I thought. But, a rep from the local Scottrade office gave me a call after I initiated the transfer through Vanguard's web site. He said the only way to transfer was to liquidate my funds and instructed me what to click to complete the process. I do not know if Scottrade sent the cash to Vanguard or how my money got to Vanguard. All the cash from the account appeared in my Vanguard account a few days later, which I put into one fund.

The low-balance Vanguard fees are a nuisance, but the new $17 transaction fee through Scottrade would be even more of a nuisance. Right now, my money is in one fund until I meet the minimum account fee to get rid of one of the two $10 annual fees. Vanguard makes dollar-cost averaging much simpler, and I feel more comfortable with Vanguard.
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