So on my 401k account, management fees were assessed. I didn't get a bill, it was just a line item in the yearly statement. Is that deductible?
I also have investments that are not a retirement account that have a similar "Custodian and Management Fees" itemized. Again, is this deductible. I'm guessing that since they just subtracted it from my account and didn't bill me separately that it does not qualify for a deduction. Is that correct?
