cftcdez93
New Member

In 2017, I moved my IRA to another and the company I moved it from charged me a "Full Surrender Withdrawal Charge" and a contract fee; are these charges tax deductible?

The company I had my IRA investment with was very difficult to deal with and did not appear to be managing my investment well.  I decided to move the IRA to another investment company in 2017.  The company that I moved the investment from charged substantial "Full Surrender Withdrawal Charges" and a contract fee.  Are these charges tax deductible?