http://www.smellslikehappy.com/make-money/how-do-companies-make-money-from-selling-iras-or-other-retirement-plans Fri, 30 Jul 2010 01:54:59 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://www.smellslikehappy.com/make-money/how-do-companies-make-money-from-selling-iras-or-other-retirement-plans/comment-page-1#comment-5462 jlf Tue, 09 Feb 2010 01:34:59 +0000 http://www.smellslikehappy.com/make-money/how-do-companies-make-money-from-selling-iras-or-other-retirement-plans#comment-5462 If it's invested in mutual funds, those funds have internal management costs build into them (expressed as Expense Ratio, or E.R.). If it's a brokerage account, the brokerage obviously charges fees on buy/sell transactions. If it's a bank (CDs, etc.), the bank makes money on the deposits just like they do on any other deposits.<br><b>References : </b><br> If it’s invested in mutual funds, those funds have internal management costs build into them (expressed as Expense Ratio, or E.R.). If it’s a brokerage account, the brokerage obviously charges fees on buy/sell transactions. If it’s a bank (CDs, etc.), the bank makes money on the deposits just like they do on any other deposits.
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]]> http://www.smellslikehappy.com/make-money/how-do-companies-make-money-from-selling-iras-or-other-retirement-plans/comment-page-1#comment-5461 Deja vu Tue, 09 Feb 2010 01:02:59 +0000 http://www.smellslikehappy.com/make-money/how-do-companies-make-money-from-selling-iras-or-other-retirement-plans#comment-5461 They often will have an upfront fee of a certain percentage, called a "load." They will also charge a certain percentage a year, called a management fee.<br><b>References : </b><br> They often will have an upfront fee of a certain percentage, called a "load." They will also charge a certain percentage a year, called a management fee.
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