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I don't work for Interactive Brokers, but I do periodically shill for them here on HN! Their market access diversity and rock bottom fees are very hard to beat
by throwaway2037 2y ago
I don't work for Interactive Brokers, but I do periodically shill for them here on HN! Their market access diversity and rock bottom fees are very hard to beat. It should be possible to transfer a 401k in-whole with zero tax consequences nor booked trades.
- TacticalCoder 2y agoYeah... At times I just take funds I like, read what they re actually made of, and replicate their holdings in IBKR. This way I dodge the fund's 0.5% annual fees and performance fees. 39 cents per transaction is hard to beat. The lump sum of cash on the sideline gets you 4.83% on IBKR (as long you have $100K+ on he sidelines). Cash secured puts you sell bring you yield on the USDs securing the put. Financial reports they make are top Noth and entirely configurable.