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Retirement tax questions
There is no deduction for management fees paid inside a 401(k). The funds in the account that are used to pay the fees are pre-tax. Since you didn't pay tax on them, there is no deduction. IRA fees are similar. If you pay the fee with after tax dollars, you can claim a deduction on Schedule A (subject to some limitations). If the fees are paid from within the IRA, they are not deductible.
May 31, 2019
8:35 PM