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Personal Finance (Not Investing) • Broker charging account closure fee

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I'm moving my account from ETrade to Vanguard and it looks like they want to charge me an account closure fee (based on the vague email I received).

How does this account closure fee get paid? Is it deducted from the cash balance so, for example, if I have $100, and the closure fee is $25, then $75 gets transferred to Vanguard instead of $100? Or do i pay them via credit card?

This is from a Roth IRA to Roth IRA, and I just want to make sure I do it right to avoid Etrade screwing things up again (they seem to have the uncanny ability to screw every single thing up, which is why im moving)

Statistics: Posted by sgilmarti89 — Mon Sep 02, 2024 9:54 am — Replies 12 — Views 569



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