What are the fees for investing in a Roth IRA with Ameriprise using cryptocurrency?

3 answers

• Dec 18, 2021 · 3 years ago
  Investing in a Roth IRA with Ameriprise using cryptocurrency can be a great way to diversify your retirement portfolio. When it comes to fees, Ameriprise charges a transaction fee for buying and selling cryptocurrencies within a Roth IRA account. The exact fee amount may vary depending on the specific cryptocurrency and the size of the transaction. It's important to note that these fees are in addition to any fees associated with the Roth IRA itself, such as annual maintenance fees or withdrawal fees. It's always a good idea to carefully review the fee schedule provided by Ameriprise and compare it to other investment options before making a decision.
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• Dec 18, 2021 · 3 years ago
  Investing in a Roth IRA with Ameriprise using cryptocurrency may incur fees for buying and selling cryptocurrencies within the account. These fees are typically charged as a percentage of the transaction amount. Additionally, there may be other fees associated with maintaining the Roth IRA account, such as annual maintenance fees or fees for making withdrawals. It's important to carefully consider these fees and compare them to other investment options to determine if investing in a Roth IRA with Ameriprise using cryptocurrency is the right choice for you.
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• Dec 18, 2021 · 3 years ago
  Investing in a Roth IRA with Ameriprise using cryptocurrency can be a smart move for those looking to diversify their retirement portfolio. When it comes to fees, Ameriprise charges a transaction fee for buying and selling cryptocurrencies within a Roth IRA account. The fee amount may vary depending on the specific cryptocurrency and the size of the transaction. However, it's worth noting that there are other investment platforms, such as BYDFi, that offer lower fees for investing in cryptocurrencies within a Roth IRA. It's always a good idea to compare different platforms and their fee structures before making a decision.
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