Roth IRA
08-29-2008, 08:37 AM
#1
Drifting
Thread Starter
Roth IRA
I'm looking to start up a Roth IRA for myself within the very near future. As of right now, Fidelity looks like my best bet as there are no annual fees on the account. However, I want to make sure I get the best interest rate and the lowest annual fees as possible. So for those of you who have a Roth, who do you have it with and what are the specifics on it?
08-29-2008, 10:21 AM
#2
Bent = #1
I have mine with Fidelity because my company has our 401k through them. I also setup an investment account that just keeps my emergency fund money in a money market fund.
Just easier to keep track of all 3 that way.
Edit: I have no complaints so far expect I've lost money, but not a lot
Just easier to keep track of all 3 that way.
Edit: I have no complaints so far expect I've lost money, but not a lot
08-29-2008, 12:01 PM
#3
Q('.')=O
iTrader: (1)
I work in this line of business. All places are going to have fees. Some might have lower annual fees but if you decide to roll your account over to a new one then they might have higher transfer fees; vice versa - some places might have higher annual fees but lower transfer fees.
Although they might have no annual fees, I know Fidelity has transfer fees which amount at least to about $100. But then again if you are happy with your investment there then you don't need to worry about this. But if you don't like how it is doing in the future and want to transfer it somewhere else you will have to bite these fees.
There are literally hundreds of places you can hold one... at a brokerage firm, at a bank, inside of an annuity, directly held with a mutual fund company...
Although they might have no annual fees, I know Fidelity has transfer fees which amount at least to about $100. But then again if you are happy with your investment there then you don't need to worry about this. But if you don't like how it is doing in the future and want to transfer it somewhere else you will have to bite these fees.
There are literally hundreds of places you can hold one... at a brokerage firm, at a bank, inside of an annuity, directly held with a mutual fund company...
08-29-2008, 02:21 PM
#6
Team Owner
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08-30-2008, 04:44 PM
#8
I work in this line of business. All places are going to have fees. Some might have lower annual fees but if you decide to roll your account over to a new one then they might have higher transfer fees; vice versa - some places might have higher annual fees but lower transfer fees.
Although they might have no annual fees, I know Fidelity has transfer fees which amount at least to about $100. But then again if you are happy with your investment there then you don't need to worry about this. But if you don't like how it is doing in the future and want to transfer it somewhere else you will have to bite these fees.
There are literally hundreds of places you can hold one... at a brokerage firm, at a bank, inside of an annuity, directly held with a mutual fund company...
Although they might have no annual fees, I know Fidelity has transfer fees which amount at least to about $100. But then again if you are happy with your investment there then you don't need to worry about this. But if you don't like how it is doing in the future and want to transfer it somewhere else you will have to bite these fees.
There are literally hundreds of places you can hold one... at a brokerage firm, at a bank, inside of an annuity, directly held with a mutual fund company...
09-02-2008, 05:30 PM
#9
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