My husband took his first withdrawals from this TIAA account in 2017 ($12,000 total). Our total account value is over $1.5 M, so the annual fee is roughly $7500. It is taken directly from our account, but we get statements showing the amount.
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Not as an investment interest expense, but possibly as an investment expense.
Here’s a list of investment-related expenses that you may be able to deduct:
Investment-related expenses that can't be deducted include:
Miscellaneous itemized deductions are generally limited to the amount of expenses over and above 2% of your adjusted gross income (AGI). In other words, there’s a floor below which you lose the ability to deduct.
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