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Returning Member
posted Jun 4, 2019 6:28:42 PM

The funds deposited in my retirement Acc. were not taxed when deposited. are the fees my broker charges deductable, he deducts them from my Acc.

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1 Best answer
Expert Alumni
Jun 4, 2019 6:28:43 PM

Fees charged by your broker on your retirement account and deducted from that account are not deductible on your tax return.

All gains, losses and fees on your retirement account are tax-deferred.

1 Replies
Expert Alumni
Jun 4, 2019 6:28:43 PM

Fees charged by your broker on your retirement account and deducted from that account are not deductible on your tax return.

All gains, losses and fees on your retirement account are tax-deferred.