Do banks charge the same fees for ROTH IRA, if not which is the best?
473417
A bank and insurance company are the last places to go for a ROTH or regular IRA.  The investment choices are rarely good or they're way too expensive......\n\nIf you don't like Schwab (I think they're fine) try; Fidelity, Ameritrade, Vanguard... The fees should be reasonable. Edward Jones is also a great choice.... but you'll be paying "commissions" on almost every transaction ($400 - $600 for every $10,000 put in a Stock Mutual Fund") (they are good in their recommendations, their system watches out for consumers getting into inappropriate products).\n\nGood luck.....\nBTW: Learn more over the next year. It will make you a better investor & richer.... it's not as hard as some would want you to believe.
241923
Vanguard.com generally has the near highest rates on a consistent basis. They offer a lot of funds with no load and low cost. They are not the lowest commission structure however. If you trade a lot and don't keep big cash balances I would go elsewhere.\n\nFidelity, tradeking, schwab, etrade, ameritrade, scottrade
18884
There is not one who is actually better. i would stay away from American Express, They have lousy customer service and they hardly ever work with someone to lower interest rates.  On that note, Visa and mastercard are trademarks. It depends on the bank that they are issued from. Capitol One seems to be the front runner now, they have low interest rates and they do not charge outrageous late fees, they have a 10 day grace period before any fee is assessed. I hope that helps. I went by my own personal experiences.
447017
Roth Definitly. You can read some on it at the web site listed below
1040934
Most of the big banks are pretty much the same these days. Personally I do 100% o fmy banking with Charles Schwab, and I would not change to any bank from them. Their custome service is way better than a bank, and they offer more services.
79399
I would suggest Ameritrade.  I have an account with them and they are very helpful and have many tools to help the novice or beginner research and make good choices and minimize risk.\n\nMore importantly, they have just about the lowest fees for transactions out there.\n\nGood luck to you!
409965
When you get the prospectus of a mutual, they have to disclose the fees, so it's pretty trivial to tell if it's load or no-load.  Just beware that no-load doesn't mean no fees.  They just charge the fees throughout the year instead.
44045
HSBC is currently offering 4.25% APY with no minimum deposit.  ING Direct and Emigrant Direct are both offering around 4% with no minimum deposit.  Check rates frequently at www.bankrate.com
1064599
Unfortunately I don't know of any....this is a major source of income for any financial institution, along with interest they charge on loans, its the only way the stay in business thanks to the neverending amount of bank account fraud in this country.  I doubt you'll find a bank without some form of overdraft fee....the trick is to find a bank that charges the least !!\nOverdraft fees can run anywhere between $20  and $35 per item....a bank that charges $20 is pretty cheap these days.\nGood luck !
575824
A credit union always has the lowest fees including overdraft. They pay the highest interest too. You do not have to work for government, you can join under someone else - who may have joined under someone else. My oldest joined thru her father in law, I joined thru oldest, my youngest joined thru me.
1157487
Paula M is WRONG.\nYou can have all 3.  As VinTek said, your combined contributions in both Traditional and ROTH IRA cannot exceed $4000/tax year.  You can spread this $4000 across any number of accounts you want.\n\nROTH IRA is NOT NECESSARILY better than Traditional IRA as VinTek implied.  For tax purposes, if you want to bring down your AGI, and if you're eligible ( since you're married - filing seperately/Jointly...Your AGI etc. ), you may prefer Traditional IRA today instead of TAX FREE advantage of ROTH IRA down the line.\n\nIf you have patience, you might want to go thru' the link below:\nhttp://www.401khelpcenter.com/2006_limits.html\n\nAlso check out http://www.401khelpcenter.com/
506621
A fee-only financial planner is probably your best bet.  Although you pay up-front you should get unbiased advice, because the planner will not earn commissions on what you buy.
1038855
It's pretty much a matter for the issuing financial institution. Check with them to determine what, if any, fees are imposed. If there is a fee, it would most likely be for a currency conversion.
1098790
This would depend on your goals for the investment.   The pros for Wachovia or any federaly insured bank is just that: your capitol investment (money you put into  the account) is insured and you cannot lose it.   The interest rates at this time are not good, but safe.  You can also roll over any IRA to another institution and you will not have large penalties--none if you do so at maturity--(deposit for l year at x%, either renew or roll it to another institution at no penalty. The institution may be another bank or stock or bond investment, etc.\n\nThe advantage of enrolling in Fidelity or Vanguard or any other company that deals with mutual funds which are made up of a variety of stocks or bonds, or companies that broker stocks and bonds directly is that you may reap a considerable reward far more quickly than the interest that banks will pay you.\n\nHowever, the down side is you can lose your investment just as quickly.   There are no guarantees.  Many funds also charge fees to invest in them.   These are called "load" fees.  Some funds do not charge fees for investments.  These are called "no load" funds. While almost all IRAs charge a yearly management fee, this fee varies from bank to bank and the various financial institutions.   Be sure to know what you are committed to pay befor investing.\n\nMany institutions charge penalty fees if you decide you want to move your investment to a different institution.   \n\nWhat I recommend is that you start your Roth IRA with a bank.   Study how Vanguard and Fidelity's mutual funds are performing over a period of time.   Then make your future decisions accordingly.
1167247
Anytime you buy stock or sell stock, you incur a fee. Different companies charge different fees. The on-line no frills services charge very little. I would only use Charles Schwab, one of the highest rated low cost firms.  One trade means you purchase a certain number of shares at a certain price. Example; I buy 100 shares of HP at one time for one price, I pay one fee for that. If you buy from 5 different entities, that would be 5 different trades.\n\n If you are new to investing, you need to fully understand what you are doing. One of the best ways to learn is check out Suze Orman's books on wealth, money and investing in the library. She is the best and really spells things out in simple terms, and she's honest, rare in that line of work.  She has a website too.\n\nYou really need to understand that you invest only what you are willing to loose, because the stock market is very volitile.  In fact, this past week, it took a major nose dive because the feds were saying we are close to inflation and they are raising rates. That plus other things affect the market, it's very quirky...actually bordering on silly at times given the fluctuations and reasons for them.
599874
Any place that manages IRAs will help you do the rollover -- after all, they want your money!\n\nIf you're young and don't have any other investments, just put it all in stocks, preferably a stock index fund.  You want to look for a fund with the lowest costs.
827605
Make sure that the one you get does not have an annual fee, or a start up fee. Also a lot of them have introductory rates that get raised ALOT after the 1st 6 mos or so. So, read the fine print. PErsonally, I like Capital One. You can earn rewards, there is no annual fees/start up fees & my interest rate is low.\nGood Luck !