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Subject:  Re: Vanguard Roth Date:  4/15/2002  10:31 AM
Author:  jrr7 Number:  34212 of 90120

Sorry RK. ddeitch is right. The IRA custodial fee is $10 per EACH FUND whose balance is below $5000 (except for your primary money market fund).

Vanguard wants to minimize paperwork it has to do. One way to do this is to coerce new shareholders into owning just one fund.

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