Negotiating Rates on IRA
Question: Is it permissible to negotiate rates on IRA accounts? We'd like to do so for a particular customer, but one of our officers says we can't negotiate IRA rates.
Answer: There is no prohibition against an institution negotiating rates on an IRA. You can if you choose to do so.
Copyright © 2005 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 15, No. 3, 4/05
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