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Non-Tech : Waterhouse Securities
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To: John M. Hammer who wrote (270)1/31/1998
From: Michael F.  Read Replies (1) of 2076
 
Just wonderning if anyone else noticed that Waterhouse advertises/promotes their no-fee IRA, yet in the fine print there is a $25.00 "surrender" charge should you tranfer your IRA out. I Know they have to make their money somewhere, but this is a per IRA chare as I understand it. I was going to transfer all my IRAs to Waterhouse, but if I'm going to have to pay this fee on say my traditional, my roth, my conversion, my rollover...(you get the idea). Just thought it was a little sneaky. Anyone try to get this waived? John?
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