Vanguard's $10 fee

[justin]

Another way to deal with paying these little $10 fees is to understand that if you have $10,000 w/ vanguard total, then you're probably saving 0.5% in expense ratios every year, at least, which would equate to a savings of $50 per year. That will cover 5 of those $10 fees. And after a year or two of added contributions, you won't have those $10 fees any more, and you still get to save on very low expense ratios.

[WM]

I have some accounts with Vanguard and just took a look at my year-end statements for 2006.

I paid the $10 account maintenance fee on a Roth IRA account that's around 8K. I'm not paying that fee, or any others, on another Roth account that's over 10K or on a taxable account with a 40K balance. All are index funds.

So it looks like I'm paying the index fee for the account that's below 10K, but not the 2.50 fees because my total balance with them is over 50K.

[justin]

Quote:

Originally Posted by WM So it looks like I'm paying the index fee for the account that's below 10K, but not the 2.50 fees because my total balance with them is over 50K.

you also aren't paying the second $10 fee because the IRA account exceeds $5000.

[Tracy42]

A few years ago I noticed some of our funds with smaller balances were getting the $10 fund fee. I called and asked them to consider our account in total, and they waived the fees. No quibbling. Give it a try.