Will any IRA fees deducted be deemed a distribution?

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userwithconcern
Posts: 88
Joined: Mon Dec 23, 2019 12:35 pm

Will any IRA fees deducted be deemed a distribution?

Post by userwithconcern »

Is it okay to let IRA custodians deduct IRA fees like account closing and transfer out fees from the IRA, when still under 59.5, or will this be deemed a distribution?
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samsoes
Posts: 1486
Joined: Tue Mar 05, 2013 9:12 am

Re: Will any IRA fees deducted be deemed a distribution?

Post by samsoes »

Such fees will not be deemed a distribution.
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