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Originally posted by AXiD670
*bump*
My firm is terminating their retirement savings account, and I'll need somewhere to roll over my earnings. I am a member of a bank and a credit union, and they both offer IRAs. Obviously, the credit union would have better rates, but I'm wondering if I should look elsewhere other than a bank? Do I need to get a financial advisor to do this for me?
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Better rates for what?
An IRA is just an account. You shouldn't be charged to open one up. Everything you do from there is the same that you would do with any broker - basically the fee you pay to buy or sell a stock/bond/option/whatever. There are a lot of websites comparing broker fees - I recommend Brownco.com.
-Rudey