Rolling over to an IRA


Q. I am thinking about taking a partial withdrawal of my TSP and moving it into an IRA account. My question is, the fees that are incurred when the IRA manager buys and sells positions within the IRA, how are they accounted for?

For example, I move $100,000 to a simple IRA managed by my broker. He invests the $100,000 but in doing so his fee is, say $1,000, where does the $1,000 come from? For that matter, what about any future rebalancing within the IRA?

A. This is not a federal pay and benefits question for this forum. You should ask your broker how the fees and commissions will be paid. You should also ask what you are paying such a high fee for in the first place!


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