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Acorns reduces/eliminates fees effective 1 January
Posted on 12/19/14 at 11:03 am
Posted on 12/19/14 at 11:03 am
Eliminated the .5% annual fee for accounts under $5,000
Reduced the annual fee from .5% to .25% for accounts containing more than $5,000
Dropped the $1/month fee on accounts over $5,000
So, if you have less than 5k you pay $1 per month and that's it. It was $1/month AND .5% per year.
If you have more than 5k you pay .25% annually instead of the original .5% annual fee.
This is good news.
ETA for link: old Acorns thread
Reduced the annual fee from .5% to .25% for accounts containing more than $5,000
Dropped the $1/month fee on accounts over $5,000
So, if you have less than 5k you pay $1 per month and that's it. It was $1/month AND .5% per year.
If you have more than 5k you pay .25% annually instead of the original .5% annual fee.
This is good news.
ETA for link: old Acorns thread
This post was edited on 12/19/14 at 11:12 am
Posted on 12/19/14 at 11:31 am to bayoubengals88
Damn, I may set up my acorn account. Between them and robin hood I'm gonna be all up in the stock market.
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