Viewing a response to: @mtl1979/q4zoc7
I don't understand why they still think they can charge people for certain IRA services... just to have an account?! It's insane that people agree to that.
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Service fees are getting more aggressive everywhere... After banks stopped cash services here, every thing has a fee now... Instead of bank paying interest to keeping money in bank accounts, they now have a monthly fee for keeping money in bank accounts... It's going to be hard time for businesses to send bills to customers when customers won't use wire transfers anymore due to higher and higher fees. Like I said before, we are going fast towards collapse of modern economy if someone doesn't do something radical. And that something has to happen before June 2020.
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Because on June 1st, 2020, banks here cease paying interest on bank accounts for all customers. It means they think interest rate is too low.
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