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My bank raised fees for IRA's

May 17th, 2011 at 10:36 am

My bank now charges $30 a year for IRA's - I'm disgusted and I'm planning on moving it to another bank.

Is anyone else getting new fees?

6 Responses to “My bank raised fees for IRA's”

  1. Petunia 100 Says:

    I haven't noticed any new fees, but I certainly wouldn't pay a fee for something that so many other custodians offer for free.

  2. patientsaver Says:

    There's no reason to pay anything...they already make money off your IRA money by crediting you lower interest than they can make by investing the money elsewhere.

  3. My English Castle Says:

    We've got Schwab--no fees!

  4. Ima saver Says:

    I am with Vanguard, no fees either.

  5. Tightwad Kitty Says:

    Then it's time to review your banks and any other bills that you have to see if you can get a better deal for them.

  6. Miz Pat Says:

    You guys give great advice. Thank you.

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