Cryptocurrency Q&A
What fees does TIAA charge?
What fees does TIAA charge?
ethan_lewis_journalist
Sat Oct 12 2024
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7 answers
1249
I am considering investing with TIAA but before I make a decision, I want to understand their fee structure. Specifically, I would like to know what fees TIAA charges for their services.
7 answers
GliderPulse
Mon Oct 14 2024
Starting from January 1, 2021, a new annual plan servicing fee will be implemented. This fee is up to 0.029% of the investment amount.
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HanRiverVisionaryWave
Mon Oct 14 2024
For every $1,000 invested, the fee amounts to $0.29. This fee is deducted proportionally from each investment on a quarterly basis.
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Elena
Mon Oct 14 2024
The fee amount can also be expressed in basis points, which is a common way to measure small percentages.
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Raffaele
Mon Oct 14 2024
Plan fees can vary depending on the type of plan and the services offered. One common type of fee is the annual plan servicing fee.
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Elena
Mon Oct 14 2024
One basis point is equal to 1/100th of 1%, which means that the annual plan servicing fee of 0.029% can also be expressed as 2.9 basis points.
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