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- Newsgroups: misc.invest
- Path: sparky!uunet!usc!sdd.hp.com!ux1.cso.uiuc.edu!news.cso.uiuc.edu!acheng
- From: acheng@ncsa.uiuc.edu (Albert Cheng)
- Subject: Re: rollover into 2 funds, ok?
- References: <1jmqgcINNml5@CASPER.NA.CS.YALE.EDU> <1993Jan21.185622.20641@cbnews.cb.att.com>
- Message-ID: <C183pt.MrE@news.cso.uiuc.edu>
- Originator: acheng@shalom.ncsa.uiuc.edu
- Sender: usenet@news.cso.uiuc.edu (Net Noise owner)
- Organization: Nat'l Ctr for Supercomp App (NCSA) @ University of Illinois
- Distribution: usa
- Date: Thu, 21 Jan 1993 21:29:51 GMT
- Lines: 14
-
-
- In article <1993Jan21.185622.20641@cbnews.cb.att.com>, ask@cbnews.cb.att.com (Arthur S. Kamlet) writes:
- >Each Fund may charge you a custodian fee; Vanguard charges $10 per
- >year per fund. You should make this fee a separate payment, written
- >with a separate check. Otherwise you will have withdrawn (perhaps a
- >Not Permitted withdrawal) the fee from your account; the Fund
- >Custodian will take the fee from your account and you will be stuck
- >with a withdrawal.
-
- Is that (custodian fee from accout) count as withdrawal? I have a
- 403b with Fedility with $12 a year fee. They just take $4 each
- quarter (Hm... that does not add up.) for fee. Fedality never
- sends me any bill for it; they just do it. Will IRS go after me
- for this "early withdrawal" that is not initiated by me?
-