I recently saw a financial advisor at my bank. I’m 26, have a bit of cash in savings, but know very little about finances.
This advisor suggested I open a Roth IRA. Great. However I’m a little hesitant about the 5.75% fee that I’ll pay whenever I deposit money into the Roth IRA.
I don’t know what to refer to this fee as, so it’s difficult to look it up online and figure out if it’s normal.
What is this fee called? Is the 5.75% normal?
Submitted September 21, 2020 at 09:47PM by 2wholecans https://ift.tt/2EmMrZP
