3 Questions To Ask Before You Open a No-Fee IRA
IRA fees and charges can eat into your retirement savings. For example, you might have to pay account maintenance and transaction fees. If you invest in mutual funds, you pay expense ratio and sales load costs. All these costs reduce your potential income in later life. To save money, you can open no-fee IRAs. However, before you choose a no-fee provider, ask the following questions. 1. Does the IRA Have Any Fees and Costs?