Can I deduct fees from my retirement accounts?

alltv — Sat, 01 Jun 2019 18:22:50 GMT

Yes, The management fees can be Sch A itemized deduction...

MichaelL1 — Sat, 01 Jun 2019 18:22:51 GMT

Yes,

The management fees can be Sch A itemized deduction if paid separately with money outside of the retirement account.

First, you must be able to itemize on your taxes, and

2nd this amount has to be paid separately from money outside of the retirement account, and

3rd it must exceed 2% of your Adjusted gross income to be deductible.