My bank raised fees for IRA's

Date Started: Sep 5, 2007
Entries: 102
Comments: 510
Total Visits: 385,112

May 17th, 2011 at 05:36 pm

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?

Petunia 100 Says:
May 17th, 2011 at 06:48 pm 1305658112
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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.
patientsaver Says:
May 17th, 2011 at 07:05 pm 1305659107
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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.
My English Castle Says:
May 17th, 2011 at 07:05 pm 1305659116
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We've got Schwab--no fees!
Ima saver Says:
May 17th, 2011 at 08:34 pm 1305664496
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I am with Vanguard, no fees either.
Tightwad Kitty Says:
May 17th, 2011 at 09:11 pm 1305666678
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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.
Miz Pat Says:
May 17th, 2011 at 09:44 pm 1305668678
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You guys give great advice. Thank you.

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