is the min amount that you invest different for IRA’s or AIP’s the fund? For American Funds?
November 27, 2009 by
Filed under american funds ira
And what is the min for additional contributions?
Comments
2 Responses to “is the min amount that you invest different for IRA’s or AIP’s the fund? For American Funds?”Speak Your Mind
Tell us what you're thinking...and oh, if you want a pic to show with your comment, go get a gravatar!
hey, I suggest u see http://ebiznus.com/ for this.
I hope this will be resolving your problem you can also browse more for this on answers.yahoo.com but i think you better look at what i suggested instead of wasting ur time.
Best of luck.
To establish an account (including retirement plan and 529 accounts) ….$ 250
For a payroll deduction retirement plan account, payroll deduction
savings plan account or employer-sponsored 529 account …. $25
To add to an account … $50
The above is excerpted from a prospectus for one of American Funds funds.
It looks as though $250 is the minimum to open a new retirement account with them.
I went to their website. You can do that too, or even speak to an advisor that is familiar with their funds.
I must ask… why American Funds? and then… will you select the funds yourself or use an advisor?